Southwest CE says he hasn't talked to Buffett about a sale
If Warren Buffett is interested in buying Southwest Airlines, he's not telling the airline's CE directly. Southwest chairman and CE Gary Kelly said Tuesday that he hasn't talked to Buffett since the Berkshire Hathaway CE sparked speculation with a comment that he wouldn't rule out owning an entire airline. Berkshire Hathaway already owns 8.1% of Southwest, making it the airline's second-biggest shareholder behind Primecap Management. Berkshire Hathaway also holds major stakes in American, Delta and United airlines. Some analysts and columnists argue that Southwest could be the financier's most logical target because of its low-cost business model, investment-grade credit rating, and potential for growth. It wouldn't be cheap, however — Southwest's market value is around US$33b. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-04-04/unaligned/southwest-ce-says-he-hasnt-talked-to-buffett-about-a-sale
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Southwest CE says he hasn't talked to Buffett about a sale
If Warren Buffett is interested in buying Southwest Airlines, he's not telling the airline's CE directly. Southwest chairman and CE Gary Kelly said Tuesday that he hasn't talked to Buffett since the Berkshire Hathaway CE sparked speculation with a comment that he wouldn't rule out owning an entire airline. Berkshire Hathaway already owns 8.1% of Southwest, making it the airline's second-biggest shareholder behind Primecap Management. Berkshire Hathaway also holds major stakes in American, Delta and United airlines. Some analysts and columnists argue that Southwest could be the financier's most logical target because of its low-cost business model, investment-grade credit rating, and potential for growth. It wouldn't be cheap, however — Southwest's market value is around US$33b. <br/>
