It's Monday, July 6th. Welcome to Market Foolery. I'm Chris Hill with me today.

Industry Focus host Nick Saipel. Good to see you, sir.

Great to be here, Chris. We're talking about before the show. This is my first appearance on market

foolery. So it's great to be on the big leagues now, Chris.

Long-time listeners of Motley Fool Podcasts are well acquainted with Nick's work on industry focus.

You know, when Independence Day comes on a Saturday, I think it's reasonable to expect that

it's going to be sort of a quiet business news day on Monday.

That's what I was expecting.

But the news fairy showed up.

I love it when the news fairy showed up.

So we're going to talk about a couple of deals

that are in the news we're also going to dip it in the full mail bag but let's start with

Warren Buffett who finally got out his elephant gun and put it to work Berkshire Hathaway is buying the natural gas

assets from Dominion Energy for $4 billion when you throw in the debt it's

actually closer to a $10 billion deal. We knew months ago that we were

going to see consolidation in the energy industry. We knew we were going to see deals.

Let me just start with this, Nick.

What was your reaction when you saw this news?

So the reaction, obviously, anytime you see Warren Buffett hop into the market,

a $10 billion enterprise value deal. It's a big deal. This is Warren

Buffett's biggest acquisition on an enterprise value basis since precision cast parts in 2016.

So obviously a big deal to see Warren Buffett hopping into the market and when it comes to the actual

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