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Cash Burning a Hole in Wal-Mart's Pocket?
After selling off its McLane distribution business to Berkshire Hathaway (BRK.A Quote), Wal-Mart (WMT Quote) itself may go shopping.
Dropping the distributor will allow Wal-Mart to focus on its core retail operations. Meanwhile, Berkshire would be getting a growing company with plenty of bottom-line potential.
Some also speculate that the company's sale of McLane could pave the way for a retail-related acquisition, either here in the U.S. or overseas. ...
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