Tag Archives: BRK-B

Who Did Buffett’s Berkshire Hathaway Buy Back $1.2 Billion In Shares From? Not Gottesman. Our Guess: Albert Ueltshci

By | December 12, 2012
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There is rampant speculation this morning after Berkshire Hathaway(BRKA) announced it had repurchased 9200 class A shares from “the estate of a long-time shareholder”.  Many are reporting, irresponsibly, in our opinion, that the stake comes from David Gottesman. This makes no sense to us for two reasons. First, Mr. Gottesman, being very much alive, has no estate. Secondly,… Read More »

Berkshire Hathaway and Wesco Reach Definitive Merger Agreement

By | February 7, 2011
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As reported previously, Berkshire Hathaway(BRK-B,BRK-A) announced its intention on August 25, 2010 to propose to Wesco(WSC) that it purchase the 19.9% of Wesco it did not already own. This morning, at long last, the two companies have announced a definitive merger agreement. Wesco shareholders will be able to elect cash or stock at what seems like a negligible… Read More »