Berkshire Hathaway extends tender offer for Johns Manville
Berkshire Hathaway Inc. and Johns Manville Corp. announced that Berkshire Hathaway has extended the expiration date of its tender offer for Johns Manville Corp. The tender offer was commenced in December 2000 by J Acquisition Corp., a subsidiary of Hathaway, for all of the outstanding shares of common stock of Johns Manville.
Hathaway is extending the offer because not all necessary clearances have been obtained, or waiting periods expired, under applicable antitrust laws. Upon successful completion of the tender offer, J Acquisition Corp. will merge with and into Johns Manville.