LONDON -- Andy Paul and Nate Weisshaar look at the recent announcement from Tesco that it will be closing down its U.S. operations, Fresh & Easy. The market seems to have liked this announcement, so what does this mean for shareholders?
Legendary U.S. investor Warren Buffett increased his stake in Tesco earlier this year. You can find out what attracted Buffett to the company and the price the billionaire investor paid for his shares, by downloading an exclusive Motley Fool report "The One European Share Warren Buffett Loves." You can have this free report dispatched to your inbox immediately simply by clicking here.
The article USA Not So Fresh & Easy for Tesco originally appeared on Fool.com.Andy Paul, Nate Weisshaar, and The Motley Fool all own shares in Tesco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.