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3G background-why Buffett likes them


netnet

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Easy peasy, all it takes is complete trust and the ability to send tens of billions of dollars in equity on a week's notice plus unmatched access to credit markets

 

No wonder, he likes 3G, he provides some funding and his reputation, and they do all the work. It's a great arrangement for the old fool, who would not like such a deal and the folks that make it possible?

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Its interesting, I see two stocks on my screen that are up today, with everything else down slightly:  Colgate Palmolive and Domino's Pizza.  Both of which I could envision 3G bidding for.

 

Anyone know why CL is up today?  I didn't see any news but maybe someone wrote it up over the weekend?

 

edit:  I guess UK Sunday Times speculated that Unilever might merge with them

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