Warren Buffett has found a new elephant – and this time it’s going to be his biggest one yet.
Buffett’s Berkshire Hathaway said Monday it agreed to spend $37.2 billion for Precision Castparts, the most it has ever paid for a company.
Precision Castparts () makes makes parts for aircraft makers, power companies and other industrial companies. Among its notable customers are General Electric ( ), Boeing ( ) and Airbus.
For more information, check out this CNN article here.