Berkshire Hathaway Completes Acquisition of
60% of Marmon Holdings, Inc.
Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) and Marmon Holdings, Inc. announced that Berkshire has successfully completed its acquisition of 60% of Marmon for $4.5 billion. As previously reported, the remaining 40% of Marmon that is currently owned by trusts for the benefit of members of the Pritzker Family of Chicago will be acquired through staged acquisitions over a five to six year period for consideration to be based on the future earnings of Marmon.
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Berkshire Hathaway Inc. to Acquire 60% of
Pritzker Family Company, Marmon Holdings, Inc.
Berkshire Hathaway Chairman and CEO Warren Buffett and Tom Pritzker, Chairman of Marmon Holdings today announced that Berkshire will purchase 60% of Marmon Holdings, Inc., a private company owned by trusts for the benefit of members of the Pritzker Family of Chicago.
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Prince Castle Acquires Q-Matic Technologies.
Prince Castle, Inc. is pleased to announce the acquisition of Q-Matic Technologies, Inc. located in Gurnee, Illinois. Q-Matic manufactures and sells a complete range of both gas and electric infrared conveyor ovens from countertop to high volume, triple stack models.
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