Warren Buffett’s battle for control of a Texas power company took a turn as a new mystery bidder emerged to challenge Berkshire Hathaway Inc.’s $9 billion offer.
NYS Entity Status
NYS Filing Date
OCTOBER 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC NOT-FOR-PROFIT CORPORATION
2014 - GENERAL WARREN EMERGENCY COMPANY NO. 2, INC.
AROUND THE WEB
- Mystery Bidder Emerges to Challenge Buffett for Oncor
Friday Aug 18, 2017
- Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan
Tuesday Aug 15, 2017
Warren Buffett’s Berkshire Hathaway is getting out of one of America’s oldest companies: General Electric. Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis.
- Berkshire Hathaway Makes a $9 Billion Bid for Energy Future Holdings
By MICHAEL J. de la MERCED - Friday Jul 7, 2017
The deal would augment Berkshire Hathaway Energy, whose collection of utilities delivers power to 11.6 million customers across the West and Midwest.
- NY insurance company dragged into Wells Fargo scandal
By Kevin Dugan - Tuesday Aug 1, 2017
The New York insurance company that wrote policies for 800,000 questionable Wells Fargo auto loans has been dragged into the bank’s latest scandal. National General Insurance was named in a class-action lawsuit filed against the bank — for allegedly unduly profiting from $80 million in collateral protection insurance that the drivers didn’t need — and...
- Sen. Warren honing campaign pitch as GOP eyes 2018 campaign
By STEVE LeBLANC, Associated Press - Sunday Aug 6, 2017
Two Republicans have announced their candidacies, two others are said to be weighing runs, and conservative political groups are chipping away at the candidate.Warren ran through other wins, from debt relief for Massachusetts students cheated by for-profit colleges to helping secure federal dollars to dredge Boston Harbor, rebuild sea walls, extend the Green Line subway route and pay for firefighting equipment.Shiva Ayyadurai, a Cambridge technology entrepreneur, is also seeking the GOP nomination.Other possible Republican candidates include former Mitt Romney aide Beth Lindstrom and businessman John Kingston.Nearly 67 percent of the money she raised during the first half of 2017 came in smaller donations under $200, according to a review of Federal Election Commission records.Since the maximum donation per election is $2,700, Warren can reach out that base of smaller donors for additional contributions.When Republican Senate majority leader Mitch McConnell silenced her in February for reading from a letter by Coretta Scott King during a debate on the nomination of Jeff Sessions for attorney general, Warren fired off a fundraising appeal, raking in hundreds of thousands in donations.Die-hard supporters and opponents — both of whom view Warren as a fiery liberal alternative to middle-of-the-road Democrats — may not be listening.The conservative political action committee America Rising has been dogging Warren, most recently charging her with waffling about whether she supports a single payer health plan.
- Warren Buffett's Berkshire Hathaway sheds GE
By Newslook - By Newslook - Tuesday Aug 15, 2017
Dow component General Electric was slightly lower on Tuesday after billionaire Warren Buffett and his firm Berkshire Hathaway dropped its position in the company.