Warren Buffett's Berkshire Hathaway has agreed to buy the Duracell battery brand from Procter & Gamble in a multi-billion dollar deal.
Berkshire Hathaway (BRKA) announced Thursday morning it will make the purchase using about $4.7 billion in P&G (PG) stock. The consumer products giant also committed to pump $1.8 billion in cash into Duracell.
Warren Buffett's Berkshire Hathaway buys Duracell batteries - Nov. 13, 2014
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