TITLE

Russell Corp. To Be Acquired by Berkshire Hathaway

AUTHOR(S)
Ryan, Thomas J.
PUB. DATE
May 2006
SOURCE
SGB;May2006, Vol. 39 Issue 5, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Russell Corp. has agreed to be acquired by Berkshire Hathaway Inc. as of May 2006. Russell chairman and CEO Jack Ward believes the agreement places the company in a stronger financial position. The deal represents a percentage premium over the trading price of Russell on the New York Stock Exchange. Berkshire Hathaway owns an eclectic mix of small and large companies, including Geico Auto Insurance.
ACCESSION #
21180006

 

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