How much does Berkshire Hathaway love the jewelry business? Given all its acquisitions, quite a bit apparently. And according to this article in a local newspaper, Warren Buffett’s holding company even inquired into buying James Avery, the rapidly expanding jewelry chain:
“Several years ago, we heard from an intermediary representing Berkshire Hathaway,” [Avery] said, referring to the company headed by “Oracle of Omaha” Warren Buffett. “That was gratifying, but we told them no. We want to stay independent for as long as possible.”
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