Buffett Buys McLane from Wal-Mart

May 02, 2003

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?
Anderson – Moderator


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