Buffett's Berkshire Hathaway Unloads One-Third of VeriSign Stake for $1.23 Billion
The multinational conglomerate led by Warren Buffett, Berkshire Hathaway Inc., has dramatically reduced its holdings in internet infrastructure company VeriSign Inc., best known for managing domain names like .com and .net. Berkshire sold about 4.3 million shares at $285 apiece, aggregating gross proceeds of about $1.23 billion, as