Gates invests in John Deere - KWWL - Eastern Iowa Breaking News, Weather, Closings

Gates invests in John Deere

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WATERLOO (KWWL) -

Bill Gates is putting a little of his money in an Iowa company.

An investment controlled by the Microsoft founder has bought five percent, or just under 21 million shares, of stock in Deere & Co.

This comes as the stock saw a loss of $2 per share Wednesday.

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