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<!DOCTYPE html>
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<!-- Content -->
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<h1> Recent News </h1>
<h2>Alleghany Corporation Acquisition</h2>
<h3> March 21, 2022 </h3>
<p> OMAHA, Neb. & NEW YORK, October 19, 2022 – Berkshire Hathaway Inc.
(NYSE:BRK.A; BRK.B) and
Alleghany Corporation (NYSE:Y) today announced the completion of
Berkshire Hathaway’s acquisition of
Alleghany. Holders of Alleghany common stock as of immediately prior to
the closing of the transaction
are entitled to receive $848.02 per share in cash, representing a total
equity value of approximately
$11.6 billion. </p>
<p> Upon the closing of the transaction, Alleghany became a wholly-owned
subsidiary of Berkshire
Hathaway. Alleghany continues to be led by Joe Brandon. </p>
<p>
Goldman Sachs & Co. LLC served as financial advisor and Willkie Farr &
Gallagher LLP served as legal
advisor to Alleghany. Munger, Tolles & Olson LLP served as legal advisor
to Berkshire Hathaway. </p>
<a href="https://www.berkshirehathaway.com/news/oct1922.pdf"> Read more </a>
<h2> Annual Report Release Information </h2>
<h3> February 23, 2022 </h3>
<p> OMAHA, NE—Berkshire Hathaway Inc.’s 2021 Annual Report to the shareholders will be
posted on the Internet on Saturday, February 26, 2022, at approximately 8:00 a.m. eastern time
where it can be accessed at www.berkshirehathaway.com. Concurrent with the posting of the
Annual Report, Berkshire will also issue an earnings release. </p>
<p> The Annual Report will include Warren Buffett’s annual letter to shareholders as well as
information about Berkshire’s financial position and results of operations. The Annual Report
will also include information regarding Berkshire’s Annual Shareholder Meeting which will be
held on Saturday, April 30, 2022. </p>
<a href="https://www.berkshirehathaway.com/news/feb2322.pdf"> Read more </a>
<h2> Third Quarter Earnings </h2>
<h3> November 6, 2021 </h3>
<p> Berkshire’s operating results for the third quarter and first nine months of 2021 and 2020 are summarized in the
following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at
www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for
making an informed investment judgment. </p>
<p> Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the third quarter and first nine months of
2021 and 2020 are summarized below. Earnings are stated on an after-tax basis. (Dollar amounts are in millions,
except for per share amounts). </p>
<a href="https://www.berkshirehathaway.com/news/nov0621.pdf"> Read more </a>
<h2> 2021 Berkshire Hathaway Bracket Contest </h2>
<h3> March 15, 2021 </h3>
<p> OMAHA, NE—Berkshire Hathaway Inc. is pleased to announce that it will once again fund a
“bracket contest” for employees of Berkshire Hathaway and its greater than 50% owned
subsidiaries. Berkshire held its initial bracket contest in connection with the 2016 NCAA Men’s
Division I Basketball Tournament. Additional contests were held each year until 2020 when the
NCAA cancelled the tournament due to the pandemic. </p>
<p> At a minimum, Berkshire will be awarding $100,000 to the employee who picks the winner of the
most games correctly prior to picking a game incorrectly. If an employee picks all first round
games correctly (all 32 games played on Friday March 19th and Saturday March 20th), the prize
will be increased to $1 million. However, if an employee is able to pick all first and second round
games correctly, (all 48 games played between Friday March 19th and Monday March 22nd), the
prize will be increased to an annuity paying $1 million a year for the remaining life of the
employee. Finally, if Berkshire’s favorite basketball team, Creighton, is one of the last four teams
remaining in the tournament, the winner’s prize will be doubled. </p>
<a href="https://www.berkshirehathaway.com/news/mar1521.pdf"> Read more </a>
<h2> </h2>
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