Berkshire Hathaway Boosts Stake in Liberty Media
In a strategic move underlining its bullish view on the media sector, Warren E. Buffett's Berkshire Hathaway Inc. has significantly increased its investment in Liberty Media Corp. The latter, a powerhouse with holdings in the media, communications, and entertainment industries, has caught the eye of Buffett's investment giant with Berkshire acquiring shares worth approximately $221 million.
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