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Transcripts For CNBC Squawk On The Street 20240622

Hathaway acquiring precision. We knew this. Nfl deal kind of interesting. Yes. Ahead of earning, reports for tomorrow. Al boib. First up Berkshire Hathaway saying it has agreed to acquire precision cast parts. They say the deal has an enterprise value of 37. 02. They say it takes berkshire out of the market when it comes to m a. Well probably be buying a few small things in the next six months. I mean, were in negotiations on a couple but in terms of a deal of similar size, it pretty much takes us out. What well probably do on this one is well probably borrow about 10 billion and use about 23 billion of our cash. Asked about a lot of Different Things. Ibm, hinted hes been buying more. Said kraft unlikely to do a big deal in the next couple of years. I thought there was a lot here. I know the three reasons the market is up. China should have been down a lot. The stock market has disassociated it from the data which is terrible this weekend. Second, when i look at whats happening with ap

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