NEW YORK (TheStreet) -- Warren Buffett's Berkshire Hathaway (BRK.A) announced another big acquisition today: a $4.7 billion buy of battery-maker Duracell from consumer goods giant Procter & Gamble (PG) .
With the equities markets at all-time highs, is this an instance of the Oracle of Omaha being greedy when others are fearful, fearful when others are greedy or was it just a good deal at a price he liked? Either way, Buffett found a tax-free exit to his massive $4.7 billion investment in P&G.
Take a look at the last ten major acquisitions by Berkshire Hathaway (BRK.B) , dating back to 2008, and decide for yourself.
November 2014 - P&G's Duracell for $4.7 billion of stock, including $1.7 billion from P&G to Duracell before the acquisition closes.