Berkshire Hathaway completed the acquisition of the remaining 20% stake in Pilot Travel Centers from Pilot.

Berkshire Hathaway, a private equity firm, completed the acquisition of the remaining 20% stake in Pilot Travel Centers, a chain of truck stops, from Pilot, a petroleum company. Financial terms were not disclosed. "Pilot started with one gas station 65 years ago, and because of the dedicated and exceptional team members we have had throughout our history, it is now an industry leader. While this has certainly been an emotional decision for us, it is one we felt was right for our family at this time. We look forward to continuing to support our life-long home of Knoxville, Tennessee, and to furthering our deep commitment and philanthropy throughout the region that we all love," Jim Haslam II, Pilot Travel Centers Founder.