Oct. 14 at 2:19 PM
$BRK.B
$DOW $HUN $OXY
Berkshire Hathaway has agreed to acquire Occidental Petroleum's petrochemical unit, OxyChem, for
$9.7 billion in cash. Following the purchase, Warren Buffett should consider acquiring
$DOW and
$HUN which offer higher dividend yields than
$OXY's yield. With a record cash reserve of
$347.7 billion, Berkshire Hathaway could better deploy its funds by acquiring
$DOW (6.53% yield) and
$HUN (12.22% yield) compared to OXY's 2.29%.
