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Wesco Financial Corporation was an American diversified financial corporation headquartered in Pasadena, California. Wesco was originally the holding company for Mutual Savings, a savings and loan association. Mutual Savings' thrift operations were sold to CenFed Bank in 1993.
Jul 20, 2021 · By the middle of the 1980s, Wesco was starting to transform into a mini Berkshire. In 1987, the group paid $100 million to join Berkshire in its $700 million fundraising for Solomon Brothers. The...
May 30, 2024 · The Investor Relations website contains information about WESCO Distribution Inc.'s business for stockholders, potential investors, and financial analysts.
wesco financial corporation . letters to shareholders from charles t. munger, chairman, appearing in annual reports for years shown below
In addition to his role at Berkshire Hathaway, Munger was a founding partner of Munger, Tolles & Olson; chairman of Wesco Financial Corporation from 1984 through 2011; chairman of the Daily Journal Corporation, based in Los Angeles, California; and a director of Costco Wholesale Corporation.
Profile of Wesco Financial Corp, which is 80% owned by Warren Buffett's Berkshire Hathaway, and may be of great appeal to investors who like Buffett's approach of taking large long-term...
Feb 7, 2011 · Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) and Wesco Financial Corporation (NYSE Amex:WSC) announced today that they entered into a definitive merger agreement, whereby Berkshire Hathaway will acquire the remaining 19.9% of the shares of Wesco's common stock that it does not presently own in exchange for cash or shares of Berkshire ...
