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Why did Warren Buffett buy Duracell? Berkshire Hathaway (NYSE:BRK) announced in November 2014 that Berkshire will buy global battery manufacturer Duracell from Procter and Gamble (NYSE:PG) in exchange for the $4.7 billion of P&G shares held by Berkshire. On the surface, this seems like a fair valuation for a stabilized company with limited growth prospects. […]

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