Tag: Berkshire Hathaway

MLMIC Distributes Policyholder Information Statement on Berkshire Hathaway Transaction

MLMIC is pleased to report that it has prepared and distributed a Policyholder Information Statement to Record Date Policyholders with detailed information about the proposed conversion and acquisition by National Indemnity Company, a subsidiary of Berkshire Hathaway Inc.

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Notice of a Public Hearing on MLMIC’s Plan of Conversion and Acquisition by Berkshire Hathaway

A public hearing has been scheduled by the NYS Superintendent of Financial Services to consider the Plan of Conversion adopted by MLMIC’s Board of Directors.

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MLMIC Reports Progress on Berkshire Hathaway Transaction

We are pleased to report the latest progress on the sponsored demutualization transaction with National Indemnity Company (the Sponsor), a subsidiary of Berkshire Hathaway Inc. (BHI).

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MLMIC Shares Latest Development in Berkshire Hathaway Transaction

On February 23, 2018, MLMIC and Berkshire Hathaway agreed to an acquisition price. Completion of the acquisition is expected in the third quarter of 2018.

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