Date: May 18, 2010
Source: News Room
Billionaire investor Warren Buffet, according to first quarter filings with the SEC, has increased his holdings in Republic Services Inc. by 30.6%. As of March 31, his company Berkshire Hathaway held 10.8 million shares in Republic, up from 8.3 million shares in the prior quarter. He initially invested in the waste company with a purchase of 3.6 million shares in November last year evidently taking a page from his billionaire friend Bill Gates whose Cascade Investment LLC owns a sizable 15% stake. Similarly, the Bill and Melinda Gates Foundation, the world's largest private philanthropic fund, holds about 15.7 million shares in Waste Management, Inc.
A copy of the filing can be found here: www.sec.gov/Archives/edgar/data/1067983/000095012310050487/v56125ve13fvhr.txt.
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