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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rnam ✭☼  😊 😞
Number: of 22353 
Subject: BP pays huge premium for Pilot competitor
Date: 02/16/23 12:03 PM
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BP (NYSE:BP) on Thursday agreed to acquire TravelCenters of America (NASDAQ:TA) for $86/share in cash, valuing the operator of travel centers and truck service facilities in North America at ~$1.3B; shares are halted.

The $86/share sale price represents an 84% premium to the average trading price of the 30 days ended February 15.

The acquisition will add ~280 TravelCenters of America (TA) sites spanning 44 U.S. states into the BP (BP) portfolio.

seekingalpha.com - Bp buys travelcenters of america in 13b deal

Buffett's deal to buy Pilot Company looks even better now.
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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