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China Daily | Updated: 2009-03-13 08:05

Buffett says time to buy in US

Billionaire Warren Buffett, who took a four-country tour of Europe less than a year ago in search of takeover targets, now says buying opportunities are presenting themselves in the US.

With a smaller pot of money remaining to fund deals, prices waning and bidders dropping out, Buffett's Berkshire Hathaway Inc no longer needs to look overseas for acquisitions, Buffett said in a Bloomberg Television interview.

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