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May 10, 2006


Berkshire to Buy 80% of Iscar

Move solidifies Iscar’s presence in U.S. markets

By Lindsay Young

Warren Buffett announced his firm Berkshire Hathaway Inc. would buy 80 percent of Israel-based metal cutting-tools manufacturer Iscar Ltd. The purchase bolsters Iscar’s presence in the U.S. and sets a platform for growth.

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