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To: Little Joe who wrote (512021)10/7/2012 11:37:01 AM
From: Sr K  Read Replies (1) | Respond to of 793963
 
What's your source for that question?

Their ttm EBITDA is $525m, their cash is more than $600m, and their total LT Debt is $456m.

Maybe you read that their Kaplan education business is shaky. That is like an asset that they could write off if and when they want to.

That is within part of the company that the Yahoo Profile describes as:

The company offers a range of educational services, including higher education, such as provision of various certificate, diploma, and degree programs through its campus, as well as through online; and test preparation services comprising preparation of students for various college and graduate school admissions examinations, medical and nursing licensure exams, and bar exams, as well as publishes test preparation resources in print and digital formats, and engages in venture management businesses. As of December 31, 2011, it had 64 schools in 18 states that provide classroom-based instruction to approximately 24,400 students.

Berkshire Hathaway owns 1,727,765 shares with a basis of $11 million. 5 years ago that was 18% of the company. Now after stock buybacks, it's 23%.