Buffett resigns from Coca-Cola

Billionaire investor Warren Buffett will step down from the board of directors of Coca-Cola in April to focus on his investment firm, Berkshire Hathaway.

His current term expires April 19. Buffett, 75, said he will not seek re-election to the board of the the world's largest soft drinks company because of increased demands on his time resulting from acquisitions by Berkshire Hathaway.

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