Business News

Berkshire Hathaway To Buy Oriental Trading Co.

$500 Million Deal

CREATED Nov. 2, 2012

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Omaha, NE - Warren Buffett's Berkshire Hathaway are buying Omaha-based Oriental Trading Co. The Wall Street Journal reports the deal is worth $500 million. The acquisition is expected to close by the end of the month. Oriental Trading Co. offers more than 40,000 products through its website and catalogs.

Earlier this week, Buffett's company announced it would buy the Prudential and Real Living real estate franchise network and launching a new

Warren Buffett's company is buying the Prudential and Real Living real estate franchise network and launching a new brokerage brand for those agents.