BERKSHIRE HATHAWAY AGREES TO ACQUIRE EXECUTIVE JET FOR $725 MILLION

Executive Jet, Inc. (EJI), which helped ignite the current record demand for business jets with its fractional ownership NetJets program, will be acquired next month by Warren Buffett's Berkshire Hathaway in a deal valued at $725 million. The agreement between Buffett and Richard Santulli, chairman...

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