Deals
Buffett Nears a Milestone He Doesn't Want: $100 Billion in Cash
- Berkshire tally hits record as big acquisitions prove elusive
- Famed investor sees fewer targets amid stock-market surge
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It’s a milestone Warren Buffett probably wishes he weren’t approaching.
Berkshire Hathaway Inc., the conglomerate he’s run for more than five decades, reported Friday that it held just shy of $100 billion in cash at the end of the second quarter.