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Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan

Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan
Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc. and a $4.1 billion stake in oil company Chevron Corp.
The investments were disclosed in a regulatory filing detailing Berkshire’s U.S.-listed stock holdings as of Dec. 31.
Berkshire also disclosed a new $499 million stake in the professional services company Marsh & McLennan Cos.
To make room, Berkshire reduced its investments in several companies including Apple Inc., though at approximately $121 billion the iPhone maker remains by far its largest common stock holding. ....

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Buffett's Berkshire reveals big stakes in Verizon, Chevron - Netscape Money & Business

Buffett's Berkshire reveals big stakes in Verizon, Chevron - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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