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ResCap rejects an offer from Berkshire Hathaway (BRK.B) to become the "stalking horse" or...

ResCap 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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