- In a filing, Tech Data (NASDAQ:TECD) confirms that Berkshire Hathaway (BRK.A,BRK.B) was the competing bidder for the company.
- Berkshire submitted a binding written acquisition proposal for $140/share in cash.
- On November 27, Berkshire told Tech Data it would not respond to Apollo's (NYSE:APO) increased $145/share bid.
- The details confirm a prior CNBC report about Berkshire's involvement.