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Warren Buffett’s MidAmerican Holdings acquire NY Energy (NVE, BRK.A)

Warren Buffett has taken yet another bullish bet on the energy sector. MidAmerican Holdings, a unit held by Buffett’s Berkshire Hathaway (NYSE: BRK.A), announced on Wednesday that it has agreed to purchase NV Energy Inc. (NYSE: NVE), which is Nevada’s largest electricity utility, in a deal valued at $5.6 billion.


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