Major Berkshire Hathaway subsidiary becomes independent corporation before 2027
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Resolves as YES if Berkshire Hathaway (NYSE: BRK.A, BRK.B) spins off or sells one of their major businesses before 2028.
The spun off business will be considered 'major' if the value of the spin off is over 25% of the market capitalization of the entire firm at the time of the spinoff.
The value of the spun-off company will be determined by using the sale price (if purchased by a private company) or the median market capitalization of the firm during the first month on the market if the spinoff is public.
If Berkshire distributes shares from their equity portfolio directly to shareholders, that will not qualify for this claim, even if the value of the distributed shares is greater than 25% of the market capitalization of Berkshire.
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