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Buffett Covets Euro Family Businesses

Billionaire investor scouts targets for $40B in cash

(Newser) - Warren Buffett is looking to put some of Berkshire Hathaway’s $40 billion in cash to work outside the US, targeting family-owned European businesses for acquisition, reports Bloomberg. Buffett—who Forbes magazine says is the world’s richest person--is going on a scouting tour next month to four European cities. More »

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