Berkshire Hathaway Inc. News Release
March 20 2017 - 1:36PM
Business Wire
Berkshire Hathaway Inc. (BRK.A; BRK.B) –
Berkshire Hathaway Inc. is pleased to announce that a Berkshire
factory worker from West Virginia was the winner of Berkshire’s
2017 Bracket Contest. The contest winner will be receiving the
winning prize of $100,000 as a result of correctly picking the
winners of the first 29 games of the NCAA Men’s Basketball
Tournament that were completed last Thursday and Friday. Our
Bracket Contest winner was eliminated in game 30 (South Carolina vs
Marquette).
Of the 32 games played on Thursday and Friday, the winner of the
contest along with at least four other entrants correctly picked
the winners of 31 of the 32 games played last Thursday and Friday.
Of the four others who correctly picked 31 of 32 winners, two were
eliminated in game 27 (Wichita State vs Dayton) and two were
eliminated in game 29 (Michigan State vs Miami). If an entrant had
correctly picked the winners of all 32 games, the winning prize
would have increased to $1 million. Additionally, had an entrant
correctly picked the winners of the first 32 games as well as the
16 games completed on Saturday and Sunday, the winning prize would
have further increased to $1 million per year for life.
Overall, there were 96,108 entrants in the 2017 Berkshire
Bracket Contest. Berkshire intends to hold another Bracket Contest
in 2018.
Berkshire Hathaway and its subsidiaries engage in diverse
business activities including insurance and reinsurance, utilities
and energy, freight rail transportation, finance, manufacturing,
retailing and services. Common stock of the company is listed on
the New York Stock Exchange, trading symbols BRK.A and BRK.B.
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version on businesswire.com: http://www.businesswire.com/news/home/20170320006029/en/
Berkshire Hathaway Inc.Marc D. Hamburg, 402-346-1400
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