Gilbert and Buffet Tag Team

[SDCC]

Local Detroit business magnate Dan Gilbert has allegedly team up with a consortium of individuals including, no other than Warren Buffet – the oracle of Omaha – to purchase the struggling internet company Yahoo. Everyone is mum on the subject. Buffet who is CEO, Chairman, and single largest shareholder of Berkshire Hilton, is one of the wealthiest men in the world, and when Buffet speaks. people listen.
I wasn’t aware Gilbert was even acquainted with Buffet, the second round of bidding is underway. The Yahoo campus is located in Sunnyvale, California. I could only hope if this bidding comes to fruition, that a Yahoo Detroit location would be on the horizon.
Other than IBM, Berkshire Hathaway is lacking in technology, and perhaps Gilbert and Buffet are looking to expand their reach and grasp.

Berkshire Hathaway is a multinational conglomerate holding company that outright owns: Geico, BNSF Railroad, Dairy Queen, Fruit of the Loom, Lubrizol, Helzberg Diamonds, and NetJets. Additionally, the company owns ~ 25% of the Kraft – Heinz Company, and is the single largest shareholder in the Coca-Cola Company. Buffet also has interests in Mars Chocolate, American Express, Wells Fargo, IBM, and Restaurant Brands. Restaurants Brands is KFC, Burger King, Pizza Hut, Big Boy, Olive Garden, Red Lobster, Outback Steakhouse, Taco Bell.
Berkshire Hathaway stock is $212,000.00 per share, and has a market capitalization of $171 billion.