NEW YORK (Standard & Poor's CreditWire) Sept. 7, 2000--Standard & Poor's today affirmed its triple-'A' counterparty credit, 'A-1'-plus commercial paper, and triple-'A' senior debt ratings on Berkshire Hathaway Inc. The outlook is stable. This affirmation follows Berkshire Hathaway's announcement that it intends to purchase between 80.1% and 86% of the outstanding stock of Shaw Industries Inc.Shaw Industries, based in Dalton, Ga., designs and manufactures carpets for both residential and commercial use. In the first six months of 2000, Shaw Industries generated about $2 billion in revenue and $140 million in pretax income. Completion of the transaction is contingent on the top executives of Shaw Industries retaining an ownership position in the company. Berkshire Hathaway is expected to pay in the
