Business, Fuel

Berkshire Settles Pilot Travel Sale Claims on Eve of Trial

Berkshire Hathaway has avoided trial by settling allegations it violated the terms of its buyout of Pilot Travel Centers by changing the accounting methods used to value part of the deal.

Jef Feeley | Bloomberg News
January 8, 2024
Business, Technology, Fuel

Twitter Says Musk ‘Can and Should’ Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musk’s request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire “can and should” close the deal next week.

Jef Feeley | Bloomberg News
October 6, 2022
Business, Technology, Fuel, Autonomous

Musk-Twitter Trial to Start Oct. 17

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

Jef Feeley | Bloomberg News
July 29, 2022
Government, Business, Technology, Autonomous

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.

Jef Feeley | Bloomberg News
July 12, 2022