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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alleghany Corp | NYSE:Y | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 847.79 | 0 | 01:00:00 |
From Jul 2022 to Jul 2024
By Will Feuer
Berkshire Hathaway Inc. said it has received regulatory approval to move forward with its $11.6 billion buyout of insurance company Alleghany Corp., paving the way for the deal to close next week.
The deal is currently expected to close on Oct. 19, subject to the satisfaction of customary closing conditions, the companies said.
Berkshire, the Omaha, Neb., conglomerate run by Warren Buffett, said in March that it would pay $848.02 a share in cash for Alleghany.
Shares of Alleghany rose 0.6% in after-hours trading to $847.20.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
October 14, 2022 16:33 ET (20:33 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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