|Key People||Lorry Lokey, Founder|
Business Wire is a wholly owned subsidiary of Berkshire Hathawayand is a global market leader in commercial news distribution. The company transmits full-text news releases, regulatory filings, photos and other multimedia content to journalists, financial professionals, investor services, regulatory authorities and the general public worldwide.
On March 1, 2006 Business Wire officially became a wholly owned subsidiary of Berkshire Hathaway, a NYSE-listed company (Fortune 12) that is controlled by Warren Buffett. Day-to-day operations were unchanged by the acquisition. The transaction occurred for an undisclosed amount.
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