Berkshire Hathaway Exercises its Warrant to Purchase Goldman Sachs’ Shares
NEW YORK - October 1, 2013 - The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Berkshire Hathaway Inc., and certain of its subsidiaries (collectively, Berkshire Hathaway) have exercised in full their warrant to purchase shares of Goldman Sachs’ common stock. Goldman Sachs will deliver 13,062,594 shares of common stock to Berkshire Hathaway on October 4, 2013.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.