Buffett Targets Mother Lode of Opportunity in U.S., Deals

Warren Buffett assured shareholders of his Berkshire Hathaway Inc. (BRK/A) that he has plenty of ways to deploy cash after posting record earnings in 2013. In his annual letter, Buffett highlighted how Berkshire's energy unit will seek another takeover after a $5.6 billion acquisition, and he explained why a $12.3 billion investment to help take HJ Heinz Co. private was a template for future deals. The Berkshire chairman and chief executive officer also discussed subsidiaries' appetite to spend billions of dollars on smaller transactions, as well as equipment and plants.

via Business News - Yahoo Finance http://ift.tt/1hXv7Ur