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Berkshire Hathaway gives activist okay to phone it in on May 1


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(Reuters) -Berkshire Hathaway Inc reversed course on Friday and told an activist group it could present a shareholder proposal remotely for the company’s May 1 annual meeting, in line with renewed guidance from the U.S. securities regulator.
FILE PHOTO: Shareholders gather to hear from billionaire investor Warren Buffett at Berkshire Hathaway Inc s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan
Warren Buffett’s insurance and investment company traditionally draws thousands to its extravagant annual meeting in Omaha but, like many top U.S. corporations during the coronavirus pandemic, had asked investors to log in to the meeting remotely instead of attending in person. ....

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