• Warren Buffett's Berkshire Hathaway sold Kirby after 35 years. The vacuum-cleaner company generated 5% of Berkshire's profits at one point

    6 days ago - By Business Insider

    Warren Buffett.
    Carlos Barria / Reuters
    Warren Buffett's Berkshire Hathaway sold Kirby after 35 years of ownership.
    The investor bought Scott Fetzer, the vacuum-cleaner brand's parent company, in 1986.
    Kirby once generated 5% of Berkshire's profits, and Buffett ranked it among his best businesses.
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    Warren Buffett's Berkshire Hathaway recently sold Kirby after 35 years of owning the vacuum-cleaner company. The famed investor's conglomerate rarely sells businesses, and Buffett once prized Kirby as one of Berkshire's best subsidiaries, making the...
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