Cramer: Berkshire's $4.7B Acquisition of Duracell is a Good Deal
Jim Cramer says Berkshire Hathaway's acquisition of Duracell from Procter & Gamble for $4.7 billion in stock is a good deal.
Jim Cramer says Berkshire Hathaway's acquisition of Duracell from Procter & Gamble for $4.7 billion in stock is a good deal. He says as Duracell offers products that people continuously buy and has convinced many that it has a technological edge -- that means Warren Buffett gets yet another stable brand under his belt. On the other hand, Cramer says Procter & Gamble is doing a lot of things right, including getting out of businesses they've been doubting and going into higher-margin areas. He believes any weakness in Procter & Gamble as a result of this deal is a mistake. He expects Procter & Gamble to buy back stock and boost their dividend, and stresses that the company looks good to him.









