The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill and analysts Andy Cross and Matt Koppenheffer discuss the top business and investing stories of the day.
Shares of NV Energy (UNKNOWN:NVE.DL) rose more than 22% Thursday morning on news that it's being acquired by Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) subsidiary MidAmerican Energy. Berkshire Hathaway CEO Warren Buffett says NV Energy is a great fit. What does the deal mean for investors? In this installment of MarketFoolery, our analysts discuss the move.
The relevant video segment can be found between 5:49 and 11:42.
Andy Cross and Matt Koppenheffer own shares of Berkshire Hathaway. Chris Hill has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.