While we all continue to speculate on who Buffett’s designated Berkshire Hathaway successor is, Buffett has treated us to a new mystery: Who got the sweetheart stock price Berkshire announced today.
Berkshire paid more than a 17% premium to book value to purchase 9,200 class A shares from the “estate of a longtime shareholder,” Berkshire announced today.
Why aren't shareholder/corporate governance activists up in arms about Berkshire's lack of transparency? Why does Buffett get a free ride?
