Buffett bets Precision can deliver long-term as aircraft sales grow

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Buffett bets Precision can deliver long-term as aircraft sales grow

Buffett bets Precision can deliver long-term as aircraft sales grow
HOUSTON, Aug 10 (Reuters) - Warren Buffett's $32.3 billion deal for Precision Castparts Corp shows his willingness to overlook repeated operational stumbles at the company to place a long-term bet on the growth of global air travel.
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