MUNGER, TOLLES & OLSON LLPBerkshire Hathaway Inc • April 15th, 2011 • Fire, marine & casualty insurance
We have acted as counsel for Berkshire Hathaway Inc., a Delaware corporation (“Parent”) and Wesco Financial Corporation, a Delaware corporation (the “Company”), in connection with the Agreement and Plan of Merger dated as of February 4, 2011, among Parent, Montana Acquisitions, LLC, a Delaware limited liability company, a direct wholly owned disregarded subsidiary of Blue Chip Stamps (“Blue Chip”) and an indirect wholly owned subsidiary of Parent (“Merger Sub”), and the Company, as amended by the Amendment to Agreement and Plan of Merger, dated as of April 15, 2011 (the “Merger Agreement”), whereby the Company will merge with and into Merger Sub (the “Merger”) with Merger Sub becoming the “Surviving Entity”, on the terms and conditions set forth therein. For purposes of this opinion, capitalized terms used and not otherwise defined herein shall have the meaning ascribed to them in the Merger Agreement and references herein to the Merger Agreement shall include all exhibits and schedule
