Shaw Industries acquired by Berkshire Hathaway

Georgia-based Shaw Industries Inc., a leading manufacturer of commercial and residential carpeting and flooring, recently announced the acquisition of Shaw Industries by an investor group led by Berkshire Hathaway Inc., a Nebraska-based holding company that owns CORT Business Services and other subsidiaries. As a result of the acquisition, shares of Shaw Industries have ceased trading on the New York Stock Exchange and shareholders of Shaw Industries (other than the investor group) received $19.00 in cash for each share of common stock they owned. For more information on the acquisition, contact Shaw Industries.

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