The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday.
The Omaha, Nebraska-based conglomerate purchased roughly 2.3 million shares for about $54 million in separate transactions Thursday through Monday, according toPhiladelphia news 24/7: Watch NBC10 free wherever you are
Berkshire first bought Liberty Media's trackers in 2016 and started piling into SiriusXM's tracking stocks in the beginning of 2024 in a likely merger arbitrage play. Billionaire John Malone's Liberty Media completed its dealto combine its tracking stocks with the rest of the radio company, as part of the reshuffling of his sprawling media empire.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CFPB says unit of Warren Buffett's Berkshire Hathaway ignored red flags in manufactured home loansThe federal Consumer Financial Protection Bureau said in a lawsuit that a unit of Warren Buffett's Berkshire Hathaway ignored red flags that borrowers couldn't afford the mortgages they were given to buy manufactured homes from another Berkshire company.
Read more »
Berkshire Hathaway Increases Stake in SiriusXM Amidst Market DownturnBerkshire Hathaway has significantly expanded its holdings in SiriusXM, acquiring millions of shares in recent transactions. This move comes as SiriusXM grapples with declining share prices and subscriber losses. It is unclear if Warren Buffett personally orchestrated this investment.
Read more »
Berkshire Hathaway hasn't paid a dividend in nearly 60 years — Could that ever change?Howard Buffett, Berkshire's future nonexecutive chairman, hesitated when asked about dividends when his father Warren is no long at the helm.
Read more »
Berkshire Hathaway: A Solid Investment in 2025, Regardless of Economic OutlookUBS analysts predict a nearly 17% gain for Berkshire Hathaway shares in 2025, citing the conglomerate's diversified business portfolio and robust financial position.
Read more »
Pershing Square's Ackman Aims to Turn Howard Hughes into a Modern-Day Berkshire HathawayBill Ackman's Pershing Square is proposing a deal to acquire a controlling stake in Howard Hughes, aiming to transform it into a conglomerate similar to Warren Buffett's Berkshire Hathaway. The deal would raise Pershing Square's stake to between 61% and 69%. Ackman envisions the new entity investing in operating companies and acquiring assets. If successful, he would become CEO and chairman.
Read more »
Berkshire Hathaway Subsidiary Sued by CFPB for Predatory Lending PracticesThe Consumer Financial Protection Bureau (CFPB) is suing Vanderbilt Mortgage & Finance, a subsidiary of Warren Buffett's Berkshire Hathaway, for allegedly disregarding red flags and approving risky loans that led to financial hardship for borrowers.
Read more »