Omaha, NE (NYSE: BRK.A; BRK.B) – Berkshire Hathaway Inc. Chairman and CEO Warren Buffett and
Oriental Trading Company President and CEO Sam Taylor today announced that Berkshire Hathaway will
acquire Omaha-based Oriental Trading Company. The company is the nation’s largest direct retailer of
value-priced party supplies, arts and crafts, school supplies, toys and novelties. The transaction is
expected to close by the end of November and is subject to the termination of the applicable waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.
http://www.orientaltrading.com/
“Oriental Trading is a leader in its industry, has a strong management team and delivers exceptional customer value and service,” said Warren Buffett. “By increasing revenue, profits and the customer base over the last few years, Sam Taylor and the entire Oriental Trading team have successfully improved the business and positioned it for long-term growth. We are delighted to have them join the Berkshire Hathaway family and continue their quest to make the world more fun. They have had several changes to ownership in the past, but OTC has a permanent home with Berkshire Hathaway. ”
http://www.orientaltrading.com/
“Oriental Trading is a leader in its industry, has a strong management team and delivers exceptional customer value and service,” said Warren Buffett. “By increasing revenue, profits and the customer base over the last few years, Sam Taylor and the entire Oriental Trading team have successfully improved the business and positioned it for long-term growth. We are delighted to have them join the Berkshire Hathaway family and continue their quest to make the world more fun. They have had several changes to ownership in the past, but OTC has a permanent home with Berkshire Hathaway. ”
Aucun commentaire:
Enregistrer un commentaire