Why Did Warren Buffett Buy Dairy Queen?
Warren Buffett acquired Dairy Queen for nearly $600 million in early 1998 because he understood its business, and the fast-food chain had excellent economics and outstanding management, he told Berkshire Hathaway shareholders at the time. Does Warren Buffett still own Dairy Queen? Berkshire Hathaway has an amazing range of businesses under its umbrella. Buffett is …
