Warren Buffett’s Berkshire Hathaway increased its stake in SiriusXM, now holding 32% of the satellite radio company. Berkshire bought over 3 million shares for over $80 million, according to an SEC ...
The OneWeb satellite operator has formally emerged from bankruptcy. Ownership has transferred to a new company with its principal ... including the radio frequencies used by the constellation ...
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake.