HomeServices of America Inc., the home broker owned by Warren Buffett’s Berkshire Hathaway Inc. (A:US), said it bought Guarantee Real Estate to expand its presence in central California.
Guarantee, which is based in Fresno, California, operates 13 offices and in 2011 had $634 million in volume, Minneapolis- based HomeServices said today in an e-mailed statement. Terms of the deal weren’t disclosed.
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