Warren Buffett Buys Duracell for $6.4 Billion

Procter and Gamble, the previous Duracell owner, was looking around for a buyer to take Duracell off its hands. The richest man in America, Warren Buffett, has been named top bidder and will now purchase Duracell for $6.4 Billion. Buffett's plans with his newly acquired company have yet to be determined. Since the billionaire has a nack for investing wisely, chances are he will find a way to make a profit from this transaction.


Photo: TheStar

Source: BusinessWire