
Berkshire Hathaway’s Buy of a Stake in This Truck-Stop Operator Pays Off
Berkshire Hathaway’s Buy of Truck-Stop Operator Stake Pays Off | Barron’s
Berkshire Hathaway’s Buy of Truck-Stop Operator Stake Pays Off | Barron’s
investors may soon get a read on one of the company’s better deals in the past decade—a 2017 purchase for nearly $3 billion of a 38.6% interest in Pilot Flying J, the country’s leading operator of truck stops.
The Berkshire Hathaway (ticker: BRK/A, BRK/B) stake in the company will rise to 80% in the current quarter under the terms of the original agreement reached by CEO Warren Buffett with the founding Haslam family, which will retain the remaining 20% stake.