Is Warren Buffett interested in buying Southwest Airlines? Wall Street thinks it could be | Southwest Airlines



[ad_1]

Wall Street has already talked a lot about Buffett's potential interest in the Southwest. About a year ago, Buffett fueled speculation when he told CNBC that he "would not rule out owning a full airline." At the time, Wolfe Research, a Wall Street company, published a note to its clients, in which it explained that Berkshire Hathaway had always bought companies with strong cash flow and that his management teams had indicated that Southwest Airlines was probably a target.

Berkshire Hathaway has taken over other Dallas companies. She has disbursed up to $ 100 million to buy the real estate company Ebby Halliday. The company in Texas owns brick and masonry company Acme Brick, based in Fort Worth, Fort Worth-based Fort Worth-based transportation company, the Fort Worth-based Western-based seed company, Justin Brands, the distributor of Fort Worth. TTI electrical components, based in Fort Worth, the McLane distributor, Star Furniture, a Houston-based furniture store, Berkshire Hathaway Automotive-owned car dealerships and a development called Grandscape in The Colony, anchored in the giant furniture store of the company, Nebraska Furniture Mart.

Two years ago, Berkshire Hathaway failed in an offer to purchase Texas' largest regulated utility, Oncor. Sempra, a Californian utility, has been outbid.

[ad_2]

Source link