Berkshire Hathaway Acquires Stake in Family-Owned Pilot Flying J

Munger, Tolles & Olson represented Berkshire Hathaway in its acquisition of nearly 40 percent of the family-owned Pilot Travel Centers, known as Pilot Flying J, one of the largest private companies in the U.S. The transaction was announced on Oct. 3, 2017.

According to Berkshire’s press release, the company plans to buy an additional 40 percent stake in 2023.

Munger, Tolles & Olson attorneys Mary Ann Todd, Stephen D. Rose, Robert Denham, Kimberly A. Chi, Peter E. Boos, Kimberly D. Omens and Najee K. Thornton led Berkshire’s representation.