Could Warren Buffett buy Southwest Airlines? Investors think so

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Buffett told shareholders that Berkshire Hathaway was ready to make 'an elephant-sized acquisition.'

Southwest Airlines stock rose Thursday after chatter swirled of billionaire Warren Buffett potentially buying the airline.

Southwest Airlines issued a statement Thursday in reference to a possible takeover in shares by Berkshire Hathaway. In a letter to stockholders, Buffett said Berkshire Hathaway finished 2018 with $112 billion between cash and U.S. Treasury bills, and “another $20 billion in miscellaneous fixed-income instruments.”

 

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buh bye southwest.

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