CNBC News Releases

BREAKING NEWS FROM CNBC'S BECKY QUICK: BERKSHIRE HATHAWAY IS NOT BUYING PG&E

Berkshire Hathaway is not buying PG&E

The following is the unofficial transcript of breaking news from CNBC's Becky Quick on "Squawk Box" (M-F 6AM – 9AM) today, Wednesday, April 24th. The following is a link to video on CNBC.com: https://www.cnbc.com/video/2019/04/24/berkshire-hathaway-is-not-buying-pge.html.

All references must be sourced to CNBC.

BECKY QUICK: We've got some breaking news to tell you about. There are some headlines out that are suggesting that Berkshire is going to be acquiring PG&E. In fact, PG&E up by about 18% on these reports. But I can tell you right now, I've just gotten off the phone with Warren Buffett, who says that is 100% not correct, that's not true. He said he would know about it if it was. So, again, the stock had been higher on some of this news. This is not true. Those are not accurate headlines that are out there and we just want to watch that very closely. Again, Berkshire Hathaway is not buying PG&E. That is not correct, the rumors that are out there right now.

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Jennifer Dauble
CNBC
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Emma Martin
CNBC
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m: 551.275.6221
e: emma.martin@nbcuni.com