Warren Buffett’s Berkshire Hathaway Inc. is getting out of one of America’s oldest companies: General Electric Co. The billionaire investor’s firm sold 10.6 million GE shares in the second quarter, a stake that would have been worth an estimated $315 million as of June 30, according to a regulatory filing. Berkshire received most of the shares in 2013 after the investor lent roughly $3 billion to GE in October 2008 during the depths...

Source: Wall Street Journal August 14, 2017 22:41 UTC