With $2 billion in liquidity, the highly acquisitive Arko is chasing family-owned businesses in secondary markets as more small chains under operational pressure look for exit options.
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Berkshire Hathway’s report for Q2 2023 is out, and it points to good things for Warren Buffet and friends. Pilot Travel Centers, manufacturing (up 15% in Q2), and investment gains from a hot equities market contributed to the bottom line. The conglomerate topped operating earnings expectations by US$ 9 billion. Berkshire also achieved growth in…