December 31, 2013
Warren Buffett’s Berkshire Hathaway (BRK/A) made an interesting move today, offering to exchange stock in Phillips 66 (PSX) for a pipeline-services business.  PSX stock has been a real winner since being spun-out of Conoco Phillips.  This deal for PSX is a way to unveil additional value in its various operations, which it doesn’t view as...
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