1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6667) 

Warren Buffett Comments on USG

August 21, 2014 | About:

OMAHA, NE—“As has been reported today, Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) consented to a Final Judgment whereby we agreed to pay a civil penalty of $896,000 for failure to comply with the premerger reporting and waiting requirements of the Hart-Scott Rodino Act. We made a mistake when we overlooked the filing requirement. Berkshire had owned convertible notes of USG (NYSE:USG) since 2008 and was effectively forced to convert the notes when they were called for redemption by USG in December 2013. This event triggered a filing requirement for Berkshire and we were late in realizing that fact.”

Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


wynandvn12345ROE
CannonfmEV EBIDTSA
pbarker46Cheap w Past Profitability
Praveen ChawlaYac_Yield
Allen DaleDiv.
rael22220/0/0/0
pbarker46Guess-like
rael2222Storici p
rael2222tutti i i migliori P
rael2222TRIPLA AAA M
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK