AUSTIN, Tex. — Is it possible to own a company without controlling it, or even being “affiliated” with it?
That’s the fine point of corporate governance state officials and Warren Buffett’s Berkshire Hathaway are debating and weighing.
The issue stems from Berkshire Hathaway’s efforts to maneuver around a state law that has jeopardized the conglomerate’s ongoing operation of nearly three dozen Texas car dealerships because it also owns a company that manufactures recreational vehicles, Indiana-based Forest River, according to My Statesman.
Read the full story from My Statesman.