No. of Recommendations: 1
" If I'm not mistaken, this filing is kicking of the process to get the shares owned by Berkshire so registered. It is a prerequisite to any future sale, and in fact makes the block of shares a bit more valuable, but it isn't any declaration of intent to sell. That being said, it would not be unreasonable to assume that the registration request was at the request of the owner of the shares, and that it does have the effect of clearing an existing hurdle to their sale, be it sooner or later. Maybe Mr Abel wants to sell, maybe he just wants that door unlocked.
Jim"
Good morning old bud, in this case, it made the shares 5 % less valuable. :) I have a hunch brkb saw a potential bid for the block and an activist group is about to go to war with KHC, a tactic Buffett wouldn't do via brk. IF Buffett has any interest, in getting even, selling the block to bulldog activists would make his day.
We should know soon enough but it really isn't that material to brk partners. I'd rather know if we sold more apple and bac?
