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Warren Buffett says ex Berkshire exec clearly violated ethics standards with Lubrizol trades

Warren Buffett says ex Berkshire exec clearly violated ethics standards with Lubrizol trades

Warren Buffett believes David Sokol clearly violated Berkshire Hathaway’s ethical standards when he bought stock in Lubrizol before recommending that Berkshire buy the chemical company.

 

DealBook: Berkshire Hathaway to Buy Lubrizol for $9 Billion

Berkshire Hathaway has agreed to acquire the specialty chemical company Lubrizol for $9 billion in cash in one of the largest acquisitions in the conglomerate's history.

 

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