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ITZ has National Oilwell Varco (NOV) on the radar. Berkshire Hathaway took a stake in National Oilwell Varco Inc. (NOV) as billionaire Chairman Warren Buffett made more funds available for the portfolios managed by deputy stock-pickers. read
The company have proposed a $2.5 billion buyout of Robbins & Myers. The latter has set a special meeting of shareholders on December 27 to discuss the proposed transaction. Expect the deal to close in early 2013.