Beverage Sector Starting To Heat Up...
Warren Buffett's company is buying the beverage-dispensing machine business of Britain's IMI PLC for $US1.1 billion ($A1.15 billion).
Berkshire Hathaway Inc agreed to buy make the purchase on behalf of its Marmon Group subsidiary.
Buffett on Wednesday told CNBC the ongoing budget debate in Washington, DC, didn't affect this deal.
The billionaire has insight into the beverage business because Berkshire is the biggest shareholder in Coca-Cola and it owns Dairy Queen.
Really has a direct connection to a nitche player like JSDA. ROLMAO