Warren Buffett's Berkshire Hathaway Inc,
. . . wants to pay $9 billion cash to buy
Dallas, Texas based Oncor Electric Delivery Co,
. . . which delivers power to more than
. . . 3.4 million homes and businesses through roughly
. . . 122,000 miles (196,000 km) of transmission, and distribution lines.
It is 80% owned by Energy Future Holdings Corp,
. . . the company Berkshire has agreed to buy out of bankruptcy.
7-9-2017 Source: #Power transmission co: $9 billion
. . . wants to pay $9 billion cash to buy
Dallas, Texas based Oncor Electric Delivery Co,
. . . which delivers power to more than
. . . 3.4 million homes and businesses through roughly
. . . 122,000 miles (196,000 km) of transmission, and distribution lines.
It is 80% owned by Energy Future Holdings Corp,
. . . the company Berkshire has agreed to buy out of bankruptcy.
7-9-2017 Source: #Power transmission co: $9 billion