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Buffett wanted to put $3 billion in Uber but talks failed
short by Aditi Verma / on Thursday, 31 May, 2018
Berkshire Hathaway Chairman Warren Buffett proposed investing a reported sum of $3 billion in Uber earlier this year but the talks failed following disagreements. Berkshire wanted to provide a convertible loan to Uber to protect its investment in the company. Uber CEO Dara Khosrowshahi reportedly proposed decreasing the amount to $2 billion, giving Buffett a smaller share of the company.
read more at Reuters