Buffett Poised to Get $2 Billion Goldman Stake With Warrants

Warren Buffett’s Berkshire Hathaway Inc. (A:US) is poised to get more than $2 billion in Goldman Sachs Group Inc. stock through warrants acquired during the depths of the 2008 financial crisis.

Berkshire may receive about 13.2 million shares in New York-based Goldman Sachs, according to an agreement that uses the average closing price on the 10 trading days through today to calculate Buffett’s stake. The number of shares is an estimate based on the nine trading days through Sept. 27 and may change based on fluctuations in the stock price today. The bank closed at $159.85 last week.
http://www.businessweek.com/news/2013-09-30/buffett-poised-to-get-2-billion-goldman-stake-with-warrants