date:May 07, 2014
nvestors LLC in Denver.
A year ago, Berkshires utilities unit offered to buy NV Energy Inc. for about $10 billion, including net debt. Last week, it announced a $2.9 billion acquisition of SNC-Lavalin Group Inc.s AltaLink, the operator of electric transmission lines in western Canada.
It seems to me Mr. Buffett has an issue with size - Berkshire is gigantic and deals of less than $5 billion are just immaterial relative to the company, Barish said. One has to think big.
Danger Point
Matthews,