Buffett’s firm buys Prudential real estate network

Published October 30, 2012 10:31pm ET



OMAHA, Neb. (AP) — Warren Buffett’s company said Tuesday that it is buying the Prudential and Real Living real estate franchise and launching a new brokerage brand for those agents.

Berkshire Hathaway Inc.’s real estate unit is acquiring the network from Brookfield Asset Management. Berkshire’s HomeServices of America and Brookfield will launch Berkshire Hathaway HomeServices next year and begin switching agents to the new firm.

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