Berkshire Sued for Changing Accounting Rules in $10 Billion Pilot Acquisition

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Warren Buffett’s Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit.

How Low Can It Go? Getting to the Bottom of the Nasdaq SelloffFed Hikes Still in Play on Strong Economy, Pimco’s Clarida WarnsBig Tech’s Disappointing Earnings Erase $200 Billion in ValueHong Kong’s Second Biggest IPO of Year to Seal Founder’s FortuneByron Wien, Wall Street Forecaster of ‘10 Surprises,’ Dies at 90Theatre That Hosts the Oscars Is Up for Sale​TSX recap: Index finishes 0.

counterparts: TMU studyFinancial planning for raising kids: expert says cash flow is keyFinancial stress levels climb as Canadians use debt to pay for essentialsEmployers set aside less for 2024 pay increases: surveyBank of Canada rate pause opens sweet spot for savers: Dale JacksonTheatre That Hosts the Oscars Is Up for SaleAverage home price 141% higher than median-earning family can afford: reportWeWork Backers King Street, SoftBank at Odds Over RestructuringHome Prices in Canada to Fall 5%...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Soaring Treasury yields threaten long-term performance of U.S. stocksThis year’s climb in Treasury yields is changing a recent dynamic
Source: globeandmail - 🏆 5. / 92 Read more »