May 2, 2003
Buffett Buys McLane from Wal-Mart
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By George Anderson
CBS MarketWatch is reporting Wal-Mart has agreed to sell its wholesale grocery operation, McLane Company, to Berkshire Hathaway owned by the superstar investor Warren Buffett.
Moderator’s Comment: What will the sale of the wholesaler
mean for Wal-Mart and McLane? [George
Anderson – Moderator]
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