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Clock ticking for Haslam family to sell stake in Pilot truck stops to Berkshire Hathaway this year
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FILE - Trucks and cars drive by a Pilot Travel Center sign displaying fuel prices, June 20, 2022, in Bath, N.Y. The clock is ticking for Cleveland Browns owner Jimmy Haslam and his family to decide whether to sell their remaining stake in the Pilot truck stop chain to fellow billionaire Warren Buffet's Berkshire Hathaway company. A trial had been scheduled to start Monday, Jan. 8, 2023, in Delaware in a dispute over accounting practices at Pilot Travel Centers. - photo by AP Photo/Ted Shaffrey, File
DOVER, Del. (AP) — Following the settlement of a lawsuit pitting Cleveland Browns owner Jimmy Haslam against fellow billionaire Warren Buffett’s Berkshire Hathaway, the clock is ticking for the Haslam family to decide whether to sell its remaining stake in the Pilot truck stop chain to Berkshire. Attorneys told a Delaware judge last week that they were prepared for a two-day trial starting Monday in a high-stakes dispute over accounting practices at Pilot Travel Centers LLC.