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Warren Buffett's Bet Is a Midstream Buying Signal

After months of quiet browsing, Warren Buffett has finally found something worth buying.

Berkshire Hathaway on Sunday announced an agreement to buy Dominion Energy’s midstream energy business for $9.7 billion including debt as Dominion shifts its focus to utilities. The purchase is right in Mr. Buffett’s wheelhouse: an old, out-of-favor sector he knows well.


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