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Sempra Energy bids $9.5B for Oncor, topping Buffett offer

Posted online August 21, 2017 | 7:19 am

Warren Buffett's Berkshire Hathaway has been outbid on Texas power transmitter Oncor.

Sempra Energy energing offered to buy Oncor for $9.45 billion and also pick up $9.35 billion of its debt.

Berkshire Hathaway last month offered $9 billion for Oncor.

Read more from The Associated Press.

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