Berkshire Cleared to Purchase Capmark by Antitrust Enforcers
By Bloomberg News
This article was published November 4, 2009 at 9:08 a.m.
WASHINGTON — Warren Buffett’s Berkshire Hathaway Inc. was cleared by U.S. antitrust enforcers to purchase Capmark Financial Group Inc.’s loan-servicing and mortgage business.
Capmark announced in September that an agreement to sell the business to a partnership that includes Berkshire and Leucadia National Corp. for as much as $490 million.
The antitrust approval was disclosed today by the U.S. Federal Trade Commission, which released a list of proposed combinations that have been cleared.
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