Thursday, 25 August 2011

Bill Gates owns nearly 6 percent of Deere's stock

Tag: Bill Gates,Microsoft Co-fonder Bill Gates,Microsoft Corporation ,

Microsoft co-founder Bill Gates' investment Company now owns nearly 6 % of equipment maker Deere & Co.'s stock.

Bill Gates' investment firm, Cascade Investment LLC, reported in a filing with the Securities and Exchange Commission Tuesday that it holds 24.5 million shares of Deere.

Cascade Investment LLC says it spent about $571 million over the past 60 days to buy 7.5 million more shares of the world's largest maker of agricultural equipment.