2min chapter

Acquired cover image

Berkshire Hathaway Part II

Acquired

CHAPTER

The Westco Stock Price Drops - What's Going On?

The feds are like, wait a minute. There's got to be somethin shady going on here. So warren and charley invest but they feel bad about tanking the stock price. They work out a deal with the company and with the family that they'll buy shares and invest i can't rember it was at the merger price or maybe even slightly above. How wesco management feels about it? Now, you can say, well, we own the controlling interest, so it doesn't make any difference. But lou vincenti, who was the president of westco, he doesn't really need to work for us if he felt that we were, you know,

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