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>> WELLS FARGO Latest News

MAR 14, 2014 - TheStreet

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Berkshire May Avoid $400 Million Tax Bill In Graham Holdings Swap

NEW YORK (TheStreet) - Berkshire Hathaway may have avoided about $400 million in taxes by exiting its long-time stake in Graham Holdings - formerly known as The Washington Post Company - through an asset swap with the company that will add Miami-based TV station WPLG and hundreds of millions in cash to Berkshire's coffers. Wednesday's transaction also may also break new ground in how large investors structure deals to avoid taxes on their investment gains. Berkshire's deal with Graham Holdings is structured in a way that may allow the Warren Buffett-run investing conglomerate exit a ... Read More

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