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Will Berkshire Buy Employers Re?

International Editor

Despite the flurry of press reports that Berkshire Hathaway has made a bid to buy Employers Reinsurance Corp., such a move would be surprising, analysts contend.

“Were not going to sit here and say [the deal] cant happen, but wed be surprised if it did,” said Steve Dreyer, managing director of Standard & Poors in New York. “The only way I see this deal happening is on price alone, and it is an unbelievable steal,” he added.

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