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Latest Business News

Groups to Appeal to Buffett for Changes

Friday, May 04, 2007 10:07:41 PM
By JOSH FUNK

OMAHA, Neb. (AP) - Two groups plan to appeal to billionaire Warren Buffett's sense of right and wrong at this weekend's Berkshire Hathaway Inc. shareholders' meeting.

One group, those concerned about genocide in the Darfur region of Sudan, will offer up a shareholder resolution that would require Berkshire to sell its 2.3 billion shares of PetroChina, a unit of a Chinese company doing business there.

The other group, representing American Indian tribes and commercial fishermen from California and Oregon, will demonstrate outside the meeting before pursuing their claim in federal court. This group wants a utility Berkshire acquired last year, PacifiCorp, to remove four dams from the Klamath River on the California-Oregon border so salmon can spawn again.


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