Berkshire buys electronics distributor TTI

Dec 23, 2006

Billionaire Warren Buffett's company announced Friday that it will buy TTI, a company that distributes electronic components that other companies use to make a range of products. Financial terms weren't disclosed.

Buffett's Berkshire Hathaway (BRKA/BRKB) will also acquire TTI subsidiary Mouser Electronics. Berkshire said it expects to complete the deal in the first quarter of 2007 if government regulators approve.

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