Deal Team

Corporate
Executive Compensation and Benefits

Pilot Corporation in the sale of its remaining interests in Pilot Travel Centers to Berkshire Hathaway

On January 16, 2024, Pilot Corporation, an affiliate of the Haslam family, entered into a settlement agreement and a purchase agreement providing for the sale of its remaining 20% interest in Pilot Travel Centers LLC to an affiliate of Berkshire Hathaway, as contemplated by the parties’ previously announced agreement to fully settle their Delaware litigation.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Pilot Corporation.