Summary
David Sokol, one of Warren Buffett's top managers at Berkshire Hathaway Inc., resigned after helping to negotiate the acquisition of a company whose shares he had purchased.
Sokol, 54, bought about 96,000 Lubrizol Corp. shares before recommending the company as a takeover target, Buffett, Berkshire's chief executive officer, said in a statement. Buffett said he didn't ask for the resignation and that Sokol's stock purchases weren't unlawful.See the full content of this document
Extract
Sokol Resigns From Berkshire After Investing in Takeover Target
"What Sokol did was, the only word...
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