Billionaire investor Warren Buffett said Monday he was close to making a big acquisition in the fourth quarter, but it fell apart.
“We had at least one deal possible that would have been very large,” Buffett told CNBC’s Becky Quick from Berkshire-owned Nebraska Furniture Mart on Monday. “I liked stocks in the fourth quarter, but I would like buying a business even better.”
Buffett added that he didn’t think the deal was on the table any longer but did not say why not. When pressed for further details on the mystery deal, Buffett said, “I’ll....More>>>