Berkshire Hathaway to acquire Johns Manville for $13.00/share cash

Berkshire Hathaway and insulation maker Johns Manville entered a definitive merger agreement under which Berkshire would acquire all outstanding JM shares for $13.00 per share in cash via tender offer.

“Berkshire Hathaway, Inc. (BH) and Johns Manville (JM) have approved and entered into a definitive merger agreement, pursuant to which BH will acquire all of the outstanding shares of JM for $13.00 per share in cash.”

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