Deals
Buffett Says Delta Purchases Put Him Above 10% by Mistake
- Investor says he doesn’t think airline business is suicidal
- He says Boeing needs to work quickly after 737 Max crashes
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Warren Buffett said Berkshire Hathaway Inc.’s investment in Delta Air Lines Inc. rose above his comfort threshold by mistake.
The stake climbed when Delta bought back its own stock and Berkshire increased its holdings, according to regulatory filings this month.