(MENAFN) Warren Buffett takes pride in naming his price to buy a company and not paying a nickel more, but the largest U.S. natural gas distribution interest, an solid fence fund, and a Delaware insolvency judge now present one of the hugest challenges to the billionaire's legendary discipline.
"Paying extra is not the way he does business," said Jim Shanahan, a senior analyst at Edward Jones & Co with a "buy" rating on Berkshire. "He is willing to be patient and wait for opportunities. That's what analysts expect, and that's what investors expect."
Oncor CEO Bob Shapard said in a statement on Saturday, "Berkshire Hathaway Energy has offered a positive, simple, straightforward deal that benefits Oncor and its customers."
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