« It was 100% my decision, » the CEO said during the company’s annual meeting on Saturday
As Paramount comes off a rocky week in which the company lost its CEO and its exclusivity window of merger talks with Skydance came to an end without a deal, Berkshire Hathaway CEO Warren Buffett says his company sold its entire stake in Paramount.
“We sold it all, and we lost quite a bit of money, that happens in this business too,” Buffett said on Saturday at Berkshire Hathaway’s annual meeting in Omaha, Nebraska.
