Reuters - Berkshire Hathaway Buys Oriental Trading

Warren Buffett's Berkshire Hathaway Inc. said it would buy direct marketing toy and party supplies company Oriental Trading Co. for an undisclosed sum. Berkshire will pay $500 million, the Wall Street Journal reported on Friday, citing a person involved in the deal. Oriental Trading, which filed for Chapter 11 bankruptcy protection in August 2010, is owned by more than a dozen financial institutions.

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