Buffett Proposed $3 Billion Uber Investment But Deal Crumbled

Buffett Proposed $3 Billion Uber Investment But Deal Crumbled

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Warren Buffett proposed investing $3 billion in Uber Technologies Inc. earlier this year, but the talks fell apart following disagreements over the terms and size of the deal, people familiar with the matter said. The now-dead Uber transaction is reminiscent of the winning bet Buffett’s Berkshire Hathaway Inc. made on Goldman Sachs Group Inc. during…