The Oracle of Omaha, Warren Buffett, admittedly knows little about tech--but deal-making, yes.
And in commenting in a CNBC interview, Buffet, the investment guru of Berkshire Hathaway, had this general observation about deal-making, in light of Microsoft's walk-away from its unsolicited Yahoo bid:
"When you hit your choking point, you quit," he noted.
"I've walked away from deals before and meant it. I walked away from the See's (Candies) deal. They wanted $30 million, and we offered $25 million. We walked away and, fortunately for us, they walked after us," he said.
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