Berkshire Hathaway and…James Avery?

How much does Berkshire Hathaway love the jewelry business? Given all its acquisitions, quite a bit apparently. And according to this article in a local newspaper, Warren Buffett’s holding company even inquired into buying James Avery, the rapidly expanding jewelry chain:

“Several years ago, we heard from an intermediary representing Berkshire Hathaway,” [Avery] said, referring to the company headed by “Oracle of Omaha” Warren Buffett. “That was gratifying, but we told them no. We want to stay independent for as long as possible.”

 

JCK News Director