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Christmas is as good a time as any to announce a deal I suppose, and buying a conglomerate consisting of 125 manufacturing and service companies is probably Warren Buffett's preferred means of celebrating.

For $4.5 billion, Berkshire Hathaway (NYSE: BRK.A) will get 60% of Marmon Holdings, with plans to acquire the rest over the next 5 or 6 years at a price to be determined by the company's future profitability. According to the press release, the company's operations are pretty diverse:

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Berkshire Hathaway buys 60% of Marmon Holdings originally appeared on BloggingStocks on Tue, 25 Dec 2007 19:30:00 EST. Please see our terms for use of feeds.

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