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bar1080

01/13/23 3:18 PM

#208018 RE: wadirum1 #208017

I don't think the acquirer could go wrong just stating the facts in plain English (i.e. "We own 34.4% of the common stock in subsidiary XYZ")

Recently several excellent articles have addressed when Berkshire Hathaway can consolidate part of Occidental Petroleum's considerable 2022 profits. As I recall there are several tests, including intent to consolidate. The rules change occasionally, so be warned.