NEW YORK, March 14 (UPI) -- Investment firm Berkshire Hathaway Inc. said Monday it agreed to buy Lubrizol Corp., a U.S. lubricant producer, in a $9.7 billion all-cash deal.
"Lubrizol is exactly the sort of company with which we love to partner -- the global leader in several market applications run by a talented CEO, James Hambrick," said Warren Buffett, Berkshire Hathaway chief executive officer, in a statement.