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1. What is the possible meaning of the changes in stock price for Berkshire Hathaway on the day of the acquisition announcement? Specifically, what does

1. What is the possible meaning of the changes in stock price for Berkshire Hathaway on the day of the acquisition announcement? Specifically, what does the $4 billion loss in Berkshire Hathaways market value of equity imply about the intrinsic value of Precision Castparts (PCP)?

2. Should Berkshire Hathaways shareholders endorse the acquisition of PCP?

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