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Buffet officially owns NV Energy


By Eli Segall, Las Vegas Sun

Billionaire Warren Buffett has completed his purchase of NV Energy, whose chief executive is retiring and being replaced by a Buffett underling.

MidAmerican Energy Holdings Co., owned by Buffett’s Berkshire Hathaway conglomerate, closed its acquisition of Nevada’s main electric utility Dec. 19, at least a few weeks ahead of schedule.

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