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NV Energy aquisition

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After waiting for an attractive potential haul, Warren Buffet must be satisfied with the latest acquisition agreement which was announced on the 29th of May. Warren Buffett’s MidAmerican Energy Holdings Co. is to spend whooping $5.6 billion in cash for NV Energy which is the Nevada’s company, aiming to strengthen its position in the state. Analysts are convinced that this deal might be a start of a string of acquisitions in the sector.

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