Warren Buffett’s Advice to General Electric

Meanwhile, last month, in an interview with CNBC, Berkshire Hathaway’s chairman Warren Buffett seemed to support the Danaher deal. He also said, “I think that GE should deleverage.” Buffett added, “They owe more money than they should at present, and they should sell assets to some degree, not in a fire sale at all.”

Last year, rumors suggested that Buffett might again consider buying GE. While Buffett denied the claims, he said in January 2018 that he might consider the company at the “right number.” However, in May, Buffett said he’s not looking at buying GE.

See Is Warren Buffett Expecting a Market Crash? for more information.

View more information: https://marketrealist.com/2019/03/warren-buffetts-advice-to-general-electric/

See more articles in category: Finance
See also  Is Drizly a Publicly-Traded Company Amid the Uber Acquisition?

Leave a Reply

Back to top button