Warren Buffett wagers big on Teva, and on Israel

The purchase initially sent share prices soaring by 12 percent.

Warren Buffett, chairman and CEO of Berkshire Hathaway

Warren Buffett, chairman and CEO of Berkshire Hathaway

(photo credit: KEVIN LAMARQUE/REUTERS)

ByMAX SCHINDLER

MARCH 2, 2018 04:15

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