Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate.
OMAHA, Neb. (AP) Warren Buffett's company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate. The purchase announced in March will further expand Berkshire's sizeable insurance operations and add a few more companies to its stable, including a steel fabricator and toy company owned by Alleghany.