Kelly Hart, Drohan Help Berkshire Unit Nab Electronics Co.

Law360, New York (March 20, 2012, 6:31 PM EDT) -- A Texas-based subsidiary of Warren Buffett's Berkshire Hathaway Inc. plans to scoop up Sager Electronics, a privately held Massachusetts-based electronics component distributor, to boost its resources in the specialty market, the companies announced Monday.

TTI Inc., an indirect wholly owned subsidiary of Berkshire Hathaway that also distributes electronics parts, said it has entered into a purchase agreement with the employee-owned Sager. TTI Chief Financial Officer Nick Kypreos declined to comment further on financial details of the deal, which is expected to close by April 2, but...
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