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StoneCo (STNE +11.4%) shares jump as much as 16% to an all-time high after Brazilian software firm Linx (NYSE:LINX) said the two companies are in final negotiations for a potential business combination, Bloomberg reports, citing a regulatory filing.Linx surges 20% in early afternoon trading in the U.S.Warren Buffett's Berkshire Hathaway (BRK.B +0.8%) (BRK.A +0.7%) held 14.2M shares of StoneCo as of March 31, 2020.
From The Motley Fool