Berkshire Hathaway Puts Up $500M For Mail-Order Toy Co.

Law360, New York (November 2, 2012, 2:56 PM EDT) -- Warren Buffett's Berkshire Hathaway Inc. will add mail-order toy and novelty vendor Oriental Trading Co. to its retail portfolio, the investment firm said Friday, in a deal reportedly worth $500 million.

Berkshire Hathaway did not give a financing breakdown for the transaction, saying only that it expects to button up the deal by the end of the month, subject to regulatory approvals. The Wall Street Journal, citing unnamed sources close to the negotiations, pegged the purchase price.

Representatives at Berkshire Hathaway were not immediately available for...
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