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.
January 8, 2024Business, Fuel
Berkshire Settles Pilot Travel Sale Claims on Eve of Trial
Business, Fuel
Haslams, Buffett Tangled in Accounting Spat Over Pilot
The Haslam family says majority owner Berkshire Hathaway is trying to artificially depress Pilot Travel Centers' value to lower the price it has to pay to get the remaining 20% of the company.
October 27, 2023Business
Warren Buffett Says Supply Chain, Economy Will Recover From Coronavirus Woes
OMAHA, Neb. — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.
February 24, 2020Government, Business
Berkshire Hathaway to Buy Majority of Pilot Flying J in Two-Step Process
Warren Buffett’s Berkshire Hathaway Inc. investment company bought a minority stake in Pilot Travel Centers LLC, owner of the Pilot Flying J truck stop chain, and will become the majority shareholder in six years.
October 5, 2017Business, 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.
October 3, 2017