Berkshire Hathaway discloses $246 million holding in Liberty Global -
Published Friday, February 14, 2014 at 7:14 pm / Updated at 7:59 pm
Berkshire Hathaway discloses $246 million holding in Liberty Global

Berkshire Hathaway Inc. disclosed a stake in billionaire John Malone’s Liberty Global Plc valued at about $246 million as Warren Buffett’s backup stock pickers shuffle their bets on pay-TV providers.

Berkshire held 2.95 million shares of Liberty Global on Dec. 31, Buffett’s Omaha-based company said Friday in a regulatory filing.

Liberty Global has spent almost $50 billion to consolidate the European cable industry in recent years. Liberty Global has gained 26 percent in the last 12 months.

Berkshire decreased its stake in Malone’s Liberty Media Corp. by 322,000 shares, or about $44 million, and ended a 547,000-share investment in satellite-TV provider Dish Network Corp. in the fourth quarter, according to the filing.

It exited a stake in drugmaker GlaxoSmithKline Plc. The company benefited from picks by Todd Combs and Ted Weschler, Buffett’s deputy investment managers. Each beat the 30 percent gain by the Standard & Poor’s 500 Index last year.

The Omaha World-Herald Co. is owned by Berkshire Hathaway Inc.

Read more related stories
OSHA: Union Pacific must reinstate worker who reported injuries suffered on job
Hy-Vee opens its first Omaha Market Cafe
West Corp.'s 1st-quarter profits up 33 percent
Stock market ‘not rigged,’ TD Ameritrade CEO says
No 'bear' qualifies to ask Warren Buffett questions at this year's Berkshire meeting
'Main street' concept takes shape at Sterling Ridge
First lady announcing one-stop job site for vets
Powdered alcohols no longer have label approvals
'We have a serious problem in Nebraska': PSC discusses concerns over Uber, Lyft
Recycle that old computer at free event
Proposed 5% hike in cab fares meets reluctant state transportation official
Secondhand shop-hop is this week
Electrical supplier 3E moves
Family Great Outdoors Day planned at La Vista Cabela’s
New law means no sales tax on coins, bullion
Nebraska banking and finance director to retire
Valmont earnings dip after record 2013 sales
America’s middle class no longer on top of world
Sales of new U.S. homes plunge 14.5 percent in March
Earnings roundup: McDonald's profit slips as U.S. sales drop
Nebraska Crossing Outlets stores, layout
State regulator tells 2 ride services eyeing Omaha, Lincoln to cease and desist
Google signs deal with MidAmerican Energy to power Bluffs data center
Supreme Court conflicted on Aereo’s streaming TV service
'Being frugal counts': Student pays for college with pennies
Deadline Deal thumbnail
Tokyo Sushi
$5 for $10 or $10 for $20 toward All-You-Can-Eat Sushi Purchase
Buy Now
< >
Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail
Want to get World-Herald stories sent directly to your home or work computer? Sign up for's News Alerts and you will receive e-mails with the day's top stories.
Can't find what you need? Click here for site map »