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Buffett is a two-time loser in Texas energy bid


The losses are piling up for Warren Buffett, and the latest is the size of Texas. Bankrupt Dallas utility Energy Future Holdings on Monday withdrew its support for a meticulously prepared, $9 billion buyout bid from Buffett — favoring instead a last-minute, $9.45 billion offer from San Diego, Calif.-based natural gas giant Sempra Energy. The...
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Source: New York Post


02:37, August 22, 2017 Josh Kosman

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