Business, Fuel

Berkshire Hathaway Buys 38.6% of Pilot Flying J

Warren Buffett’s Berkshire Hathaway Inc. bought a stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and detailed plans to become the company’s biggest shareholder in six years.

Ed Hammond | Bloomberg News
October 3, 2017

Canadian Pacific Said to Explore Norfolk Southern Takeover

Canadian Pacific Railway, the second-largest railroad in Canada, is exploring a takeover of U.S. carrier Norfolk Southern Corp. in a fresh attempt to consolidate the North American industry, according to people familiar with the matter.

Ed Hammond | Bloomberg News
November 9, 2015