{"id":950882,"date":"2025-07-30T06:46:32","date_gmt":"2025-07-30T01:16:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=950882"},"modified":"2025-07-30T06:51:26","modified_gmt":"2025-07-30T01:21:26","slug":"buffetts-berkshire-sells-one-third-of-verisign-stake-for-1-23-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/30\/buffetts-berkshire-sells-one-third-of-verisign-stake-for-1-23-billion\/","title":{"rendered":"Buffett&#8217;s Berkshire sells one-third of VeriSign stake for $1.23 billion"},"content":{"rendered":"<p>Berkshire Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett&#8217;s conglomerate has invested in since 2012, VeriSign said on Monday. <\/p>\n<p>The sale of 4.3 million VeriSign shares at $285 each generated gross proceeds of about $1.23 billion, reducing Berkshire&#8217;s ownership stake to 9.6% from 14.2%. <\/p>\n<p>Buffett&#8217;s company may sell an additional 515,032 shares to meet demand, and VeriSign will receive no proceeds from the sale, VeriSign said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berkshire Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett&#8217;s conglomerate has invested in since 2012, VeriSign said on Monday. The sale of 4.3 million VeriSign shares at $285 each generated gross proceeds of about $1.23 billion, reducing Berkshire&#8217;s ownership stake to 9.6% from 14.2%. Buffett&#8217;s company may sell an additional 515,032 shares to meet demand, and VeriSign will receive no proceeds from the sale, VeriSign said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-950882","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=950882"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/950882\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=950882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=950882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=950882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}