Berkshire Hathaway plans to sell part of its stake in VeriSign, raising up to $1.25 billion
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Berkshire Hathaway plans to sell about one-third of its stake in VeriSign, expecting to raise up to $1.25 billion. The sale will involve selling 4.3 million shares at a price of $285 to $290 per share, with pricing expected to occur overnight. After the sale, Berkshire's ownership stake in VeriSign will decrease from 14.2% to 9.6%. JP Morgan will be responsible for this stock sale
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