HALISTER: Elliott Wins Short Delay on Berkshire Effort to Buy Oncor

Elliott Wins Short Delay on Berkshire Effort to Buy Oncor

(Bloomberg) -- Elliott Management won a partial victory over Berkshire Hathaway in their court fight for control of Texas’ biggest electric distribution company, when a judge put off consideration of Berkshire’s offer for the utility.
  • Judge to delay decision on whether to approve Berkshire deal until Aug. 21
  • Berkshire has said if its deal not approved Aug. 21, it will walk
  • NOTE: Elliott Says Investors Mulling Providing $11.85B for Oncor Bid
To contact the reporter on this story: Steven Church in Wilmington, Delaware at schurch3@bloomberg.net

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BRK/A US (Berkshire Hathaway Inc)
978325Z US (Elliott Management Corp)

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