Warren Buffett and truck-stop mogul Jimmy Haslam are fighting over a seemingly obscure accounting method. What’s really at stake: possibly as much as $1.2 billion.
Buffett of course is chairman and chief executive of Berkshire Hathaway. Haslam, who owns the Cleveland Browns football team with his wife Dee, built his father’s truck-stop chain, Pilot Travel Centers, into an empire before selling a majority stake to Berkshire.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Source: finance.yahoo.com
Related posts:
Are Stocks Going to Plunge if Joe Biden Wins a Second Term? Here's What History Says About Stock Mar...
Billionaires Are Selling Nvidia Stock and Buying These 2 Artificial Intelligence (AI) Stocks Instead
Toyota to build $1.3 billion U.S. battery plant for electric vehicles, hybrids
Mortgage prisoners left ‘suicidal’ as thousands trapped on sky-high rates
What Should Your Net Worth Be at Retirement?