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Berkshire Hathaway: Reducing Position on Bank of America Stock to 12%

Bank of America has seen a significant reduction in Berkshire Hathaway’s stake, as the conglomerate sold about 14 million shares worth approximately $550 million, bringing its ownership down to 12%.

Bank of America Office in Las Vegas, NV. PHOTO: Shutterstock
Bank of America Office in Las Vegas, NV. PHOTO: Shutterstock

This divestiture took place across

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