Somebody’s Thinking

Berkshire Hathaway (BRKA) said it has agreed to acquire jewelry manufacturers Bel-Oro International and Aurafin LLC. Financial terms of the deal, which is expected to close during the second or third quarter of 2007, were not disclosed. The two companies will be combined into the newly formed Richline Group and will continue to market under multiple brands. Dennis Ulrich, currently the president of Bel-Oro, will become chief executive of the new group.

I’m not sure why I’m picking on Buffett. I guess I was always wondering why he isn’t taking part in the Precious Metals Bull market… but he is!

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