Berkshire Hathaway to acquire Johns Manville for $13/share

Berkshire Hathaway and Johns Manville entered a definitive merger agreement under which Berkshire will acquire all outstanding JM shares for $13.00 per share in cash; the Manville trust (76% owner) agreed to tender.

“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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