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Coronavirus leads Warren Buffett to mull changes to Berkshire Hathaway shareholder weekend: Omaha mayor
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Warren Buffett plans to wait until around April 1 to decide whether the coronavirus pandemic will require changes to Berkshire Hathaway Inc’s (BRKa.N) annual shareholder weekend a month later, Omaha, Nebraska’s mayor Jean Stothert said.
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The pandemic appears increasingly likely to disrupt a three-day weekend that Buffett, who is Berkshire’s chairman and among the world’s most revered investors, calls Woodstock for Capitalists and is corporate America’s largest gathering.
Speaking at a news conference to discuss the outbreak’s impact on Omaha, Stothert said Buffett called her on Monday night and said his “preference” was to wait until a month before the May 1-3 weekend to evaluate the situation and recommendations of health and other public officials.
The weekend includes Berkshire’s May 2 annual meeting.
“He said that, he’s a very responsible person, and public safety is a priority for him,” Stothert said.