The deal by Berkshire was not a surprise to most analysts considering Berkshire was amongst those that were identified as leading bidders in 2016 for the utility. (NYSE:BRK.A), has agreed to acquire Energy Future Holdings Corp. for $9 billion in cash. As TXU in 2007, it was the center of the largest leveraged buyout at that time, but the deal ended with a credit crisis.
Mr. Buffett has long hailed the performance of Berkshire Hathaway Energy, whose collection of utilities delivers power to 11.6 million customers across the Midwest and the West, as well as in Britain and Canada.
If the deal goes through, Oncor CEO Bob Shapard will take on the role of executive chairman of the Oncor Board and current senior vice president Allen Nye replace him as CEO.
Kuwait is acting as mediator in the crisis between Qatar and Saudi Arabia , the United Arab Emirates, Bahrain and Egypt . Qatar on Thursday said the list contained some demands impossible to meet because the underlying accusation was untrue.
Russell Investments Group Ltd. bought a new stake in Rite Aid Corporation during the fourth quarter worth about $3,366,000. Moreover, FactSet Fundamentals' analysts have published three Buy, one Overweight, and two Hold ratings for Rite Aid .
Worldpay's announcement comes after European rival Nets A/S NETS, +1.88% said last week it's been approached by potential buyers. Payment processing giant Vantiv has reached a deal to acquire London-based processing rival Worldpay for around $10 billion.
According to TMZ , Kanye West is separating himself from Tidal entirely, reportedly leaving the company's roster of artists. Tidal has allegedly warned West that he would be sued if he breaks his exclusivity agreement with the company.
Those tiny yellow buckets of mischief are hoping that the events of the film will lead all of them back to a life of crime. With the Minions craze, it can be easily forgotten why the " Despicable Me " franchise was interesting in the first place.
The legislation is not must-pass in the same way lawmakers and Christie have to enact a balanced budget by July 1. "Work with me. After the news broke of the shutdown, Phoebus said she thought it was "a very sad day for the state of New Jersey ".
Moto M's battery is rated at 3050mAh and supports fast-charging; the smartphone measures 151.35x75.35x7.85mm and weighs 163 grams. It'll also arriving loaded up with Android 7.0 Nougat and powered by a MT6737 Quad-core 1.3 GHz CPU and 2GB of internal RAM.
It cited a United Nations expert panel as saying the company has violated a ban on trade in luxury goods with the North. Dandong - a northeastern Chinese city on the North Korean border - is a gateway for trade with isolated North Korea.
Shadow of Mordor free this weekend
The game begins on the night of Sauron's return to Mordor , as his Black Captains brutally execute the Rangers of the Black Gate. There's a new update for Middle-Earth: Shadow of Mordor that will let you bring your most powerful Nemesis into Shadow of War .
New Zealand Wins a Race but Oracle Then Breaks Through
While Burling steers the boat, the crew is skippered by Australian Glenn Ashby, 39, a multihull wiz who controls the wingsail. Because Oracle won the qualifiers, the Kiwis started this America's Cup match on the Great Sound with a negative point.
Uber now lets you request a ride for somenoe else
Uber's new family feature is officially available in 30 countries around the world, with more expected to be added soon. Sometimes it's that person who had too much to drink and sometimes it's that person who doesn't know what an app is.