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Buffett could want to take Coca-Cola private

Special to SEGAZINE

The Coca-Cola Co.’s biggest investor, billionaire Warren Buffett, could be looking at taking Coke private, says a money manager who’s also a big investor in the soft drink giant.

David Winters, CEO of Wintergreen Advisers, a Milwaukee, Wis., money management firm which owns 2.5 million shares in Coca-Cola (NYSE: KO), sent a letter June 16 to the company’s independent directors who chair the Audit, Compensation, and Governance Committees. He encourages them to address possible conflicts of interest at the company amid media speculation 3G Capital and Berkshire Hathaway may be planning a transaction to take Coca-Cola private.

Atlanta Business Chronicle.

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