BofA Says Berkshire Will Invest $5 Billion

BofA Says Berkshire Will Invest $5 Billion Play

Aug. 25 (Bloomberg) -- Thomas Brown, chief executive officer at Second Curve Capital LLC and a Bloomberg Television contributing editor, talks about Berkshire Hathaway Inc.'s $5 billion investment in Bank of America Corp. Berkshire will receive cumulative perpetual preferred stock paying a 6 percent dividend, the Charlotte, North Carolina-based bank said today in a statement. Brown speaks with Adam Johnson, Dominic Chu, Jon Erlichman and Sara Eisen on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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