Market Currents
ResCap rejects an offer from Berkshire Hathaway (BRK.B) to become the "stalking horse" or...
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Friday, June 15, 2012, 10:46 AM ETResCap rejects an offer from Berkshire Hathaway (BRK.B) to become the "stalking horse" or initial bidder for its mortgage-related assets. Court documents show Berkshire had a chance, but chose not to take part in bidding for the assets as a bankruptcy filing was being prepared earlier this year. The legal battle continues.
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