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Does your reaction to the announcement suggest in terms of creating value not only for PacifiCorp’s...

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Finance

Does your reaction to the announcement suggest in terms ofcreating value not only for PacifiCorp’s acquirer, BerkshireHathaway, but also for the seller, Scottish Power?

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Warren Buffett attended Columbia University where he studied under Professor Benja min Graham Professor Graham developed a method of identifying undervalued stock Graham focused on the value of assets networking capital and physical assets Buffett took that method further and focused on valuable franchises that were unrecognized by the market When Berkshire Hathaway and Scottish Power announced the acquisition Hathaways share prices jumped up 24o and Scottish Power s share price jumped 628o on the day the acquisition was announced Berkshires stock increased because this acquisition would strengthen their subsidiary company MidAmerican Energy Holdings company The Scottish Powers share price increased because Berkshire was able to    See Answer
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