Is Warren Buffett Missing Something? [View article]
The last I read was that the price BRK was to buy Wrigley was less than that paid by Mars and the BRK was not disclosed. Also, I have no news about the interest rate BRK is receiving. So, I think the deal needs to be considered as a package. Since we know neither the price of the debt nor the equity, I don't know enough to make a judgment. I don't know how someone else can unless he know the terms. Wrigleys is an excellent company and is probably worth 30P/E.
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The last I read was that the price BRK was to buy Wrigley was less than that paid by Mars and the BRK was not disclosed. Also, I have no news about the interest rate BRK is receiving. So, I think the deal needs to be considered as a package. Since we know neither the price of the debt nor the equity, I don't know enough to make a judgment. I don't know how someone else can unless he know the terms.
May 07 23:54 pm
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All Comments by RogerScott »Is Warren Buffett Missing Something? [View article]
Wrigleys is an excellent company and is probably worth 30P/E.