Warren Buffett Is Doing Something Rare: Selling a Business

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Warren Buffett Is Doing Something Rare: Selling a Business
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Warren Buffett is doing something he doesn’t like doing—selling one of his businesses

Berkshire Hathaway Inc. has agreed to sell one of its workers’ compensation insurance companies, a rare move for Warren Buffett. Mr. Buffett, Berkshire’s chairman and chief executive officer, has long said that Berkshire buys companies with the intention to hold them forever.

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