The billionaire investor's company now owns about 15 percent of Paramount's Class B shares after first disclosing its stake in May.
The famed investor’s company, Berkshire Hathaway, has increased its stake in Paramount Global in recent months, according to a filing Berkshire made with the Securities and Exchange Commission Monday.
Berkshire now owns more than 91 million Class B shares in Paramount, making it the largest outside investor, holding about 15 percent of the company’s Class B stock, worth about $1.7 billion as of market close. Paramount, of course, is controlled via its Class A shares by National Amusements, the holding company run by Shari Redstone.
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