Tuesday, June 27, 2006

mittal wins

jun 26, 2006

finally, arcelor gives in.

did mittal end up overpaying? was that the whole point of the gambit? will the alleged synergies materialize?

we shall see.

http://www.economist.com/agenda/displaystory.cfm?story_id=7106110&fsrc=nwl

also, warren buffet joins the bill gates foundation. total assets = $30 billion from bill gates, another $35 billion from buffet. this makes the foundation about the same size as the economy of pakistan.

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