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
And the pace of the tech sector expansion. We will hear about lenovos plan to buy the server for 2. 3 billion. But regulators question the justannounced a deal. Not offline during its outage, alibaba cost billions. Will this scare off investors . Hundreds of millions of chinese consumers and businesses themselves without much access to the web. This lasted at least 45 minutes but took as many as eight hours to refresh service. Orgs and. Nets were out of business, alibaba and baidu were unavailable. This was linked to an obscure company in wyoming. Who is responsible for this . The Chinese Government blames this on a hack attack. But others say the Chinese Government caused this outage itself trying to block content. On skype from germany is our bloomberg correspondent who covers cyber security. This obscure web address in wyoming, this is a very fringe aspect of this, the traffic that all of these consumers and businesses were trying to do ended up going to wyoming. It was going to an
Censorship machine. And the pace of the tech sector expansion. Will hearsten we about lenovos plan to buy the server for 2. 3 billion. But regulators question is once announced josh Just Announced deal. Just announced a deal. Not offline during its outage, a cost billions. Will this scare off investors . Hundreds of millions of chinese consumers and businesses themselves without much access to the web. This lasted at least 45 minutes but took as many as eight hours to refreshe service. Nets were out of wereess, alibaba and baidu unavailable. This was linked to an obscure Country Company in wyoming. Who is responsible for this . The Chinese Government blames this on a hack attack. But others say the Chinese Government caused this outage itself trying to block content. Ande from germany bloombergs jordan, who covers cyber security. This obscure web address in wyoming, this is a very fringe aspect of this, the traffic that all of these consumers and businesses were trying to do ended up g