Warren Buffett Set to Become a Texas Energy Tycoon

2017-07-10T14:15:45+00:00

"Buffett’s latest investment is a $9 billion, all-cash deal to buy Energy Future Holdings, the parent company of Texas electric grid giant Oncor. The subsidiary is the biggest utility in Texas, according to the New York Times, clocking in at 10 million customers. The billionaire marked the announcement of his Nebraska-based Berkshire Hathaway’s bid [...]