Bay Grove-Backed Lineage Logistics Eyes $30bn IPO

Bay Grove-Backed Lineage Logistics Eyes $30bn IPO

Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30bn initial public offering for next year. Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real...
Berkshire Hathaway’s Charlie Munger dies at 99

Berkshire Hathaway’s Charlie Munger dies at 99

Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway, died on Tuesday morning at a California hospital. Munger was 99, and would have turned 100 on Jan. 1. He died peacefully, Berkshire said. No cause was given....