Business

Buffett’s Berkshire Hathaway buys auto dealer

By Josh Funk
Published October 2, 2014 5:58pm ET
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Buffett’s Berkshire Hathaway buys auto dealer
FILE - In this May 5, 2014 file photo, billionaire Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview with Liz Claman on the Fox Business Network in Omaha, Neb. Berkshire Hathaway, owner of businesses ranging from the BNSF railroad to Dairy Queen, Geico insurance and power providers, on Thursday, Oct. 2, 2014 announced it is buying the privately-owned auto dealership company Van Tuyl Group. (AP Photo/Nati Harnik, File) | Nati Harnik

OMAHA, Neb. (AP) — Warren Buffett is getting into the automobile sales business.

The billionaire’s Berkshire Hathaway, owner of businesses ranging from the BNSF railroad to Dairy Queen, Geico insurance and power providers, is buying the privately owned auto dealership company Van Tuyl Group. Financial terms were not disclosed.

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