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0 0.000953895071542016 0.000953895071542016 0.000847906730259653 5.29941706411813E-05 0.000847906730259653 0.00169581346051931 0.00524642289348161
Stock impact report

US taxpayers set to be major investors in the airline industry [MSN Money]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: MSN Money
The U.S. taxpayer will be a major player in the struggling airline industry, as many carriers are set to receive governmt aid with conditions as they grapple with the fallout from the COVID-9 pandemic.© Getty ImagThe aid will help provide a cushion for the industry in the form of payroll support and low-intert loans, as airlin try to wait out the crisis, which is expected to ease up later this year. But that aid also com with an obligation to issue warrants to the governmt to buy common stock. In some cas, the amounts of stock could be sizable, ough to put the governmt among the largt shareholders of a company.Load ErrorDon’t missAirlin say deal on bailout includ provisions for governmt ownershipSome airlin announced last week their plans to apply for the governmt aid under the$. trillion Coronavirus Aid, Relief and Economic Security (CARES) ActBased on currt share pric and warrant strike pric where provided, taxpayers could own roughly a little more than $ billion worth of airline sh Show less Read more
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