Goldman to redeem Buffett’s $5 billion perpetual stock – domain-B

Reuters Goldman to redeem Buffett's $5 billion perpetual stock domain-B Goldman Sachs Group Inc will redeem $5 billion of perpetual stock it had issued to Warren Buffett at the height of its bankruptcy, ending a costly deal that helped the merchant bank stay afloat. The “perpetual” preferred stock, which cost Goldman Sachs …

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Goldman to redeem Buffett’s $5 billion perpetual stock – domain-B

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