Deals
Buffett History Signals to Morgan Stanley He May Buy Airline
- Berkshire’s Munger has cited change in prospects of industry
- ‘Every year there is a surprise,’ Cowen’s Becker says in note
Buffett Says He's Bought $12B in Stock Since Election
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Warren Buffett’s decision to take stakes in the four largest U.S. airlines could be a first step to eventually taking over one of the companies, analysts said, citing his history in the railroad industry.
“We view a full-scale acquisition of an airline by Berkshire as a possibility and not worth dismissing, particularly if the stocks weaken,” Morgan Stanley analysts led by Rajeev Lalwani said in a note to clients Wednesday.