November 19, 2012 at 15:59 PM EST
Judge Poised to Approve ResCap Loan Sale to Berkshire
A judge on Monday said he plans to approve Residential Capital LLC's sale of a loan portfolio to Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB), the undercard in ResCap's two-pronged transaction that should fetch $4.5 billion for the mortgage servicer's creditors.
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