Twisting and twirling through a labyrinthine legal drama, you'd be mistaken for thinking that this is the plot of the latest Hollywood blockbuster, starring Warren Buffett’s Berkshire Hathaway. This resplendent drama unfolds in an unlikely backdrop - a gritty truck stop chain court case.
In the plum role of defending protagonist, donned by the iconic Berkshire Hathaway, we're presented with a thunderous battle cry. Berkshire, holding 80% of the reins of the truck-stop chain Pilot Travel Centers, vigorously defends against claims that it has used accounting wizardry to underplay the price for the remaining 20% stake currently in the holds of the Haslam family.
