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Wednesday, January 18, 2012

BLOOMBERG: Gates Foundation Trust Sells 3.2 Million Berkshire B Shares

By Andrew Frye, January 13, 2012, 5:53 PM EST
 
Jan. 13 (Bloomberg) -- The Bill & Melinda Gates Foundation Trust sold 3.2 million Class B shares of Berkshire Hathaway Inc. to comply with federal tax rules limiting holdings by private foundations.
The shares were sold from Nov. 14 through Jan. 12, according to a regulatory filing today.

Berkshire Chairman and Chief Executive Officer Warren Buffett makes annual donations to the foundation, which works to reduce hunger, fight disease and improve education. Class B shares closed today at $77.77.

--Editors: Dan Kraut, David Scheer

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