Seven years after mega-businessman Warren Buffet paid $4 billion for 80% of Israeli precision toolmaker Iscar, he has exercised the option to buy the rest for another $2.05 billion. The deal will generate $1 billion of tax revenue to Israel and may remove the need for some planned budget cuts.
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http://www.globes.co.il/serveen/globes/docview.asp?did=1000840831&fid=1725