Warren Buffett Bets $37B on Aerospace

The $37 billion purchase of aerospace part maker Precisions Castparts (PCP) will be the biggest takeout ever by Warren Buffett’s Berkshire Hathaway (BRK.B). But the deal appears to be striking an off note with Wall Street. As Precisions’ share price surged 19% to $230.82, Berkshire’s Class B shares fell 1.1% to just under $142, a [...]