Berkshire Hathaway
On April 17, 2006, Berkshire Hathaway agreed to purchase 100% of Russell. Finally on August 1, 2006, Russell shareholders approved the sale of their firm to Berkshire Hathaway for $18.00 per share in cash. The acquisition was successfully completed on the following day. Russell's brands joined Fruit of the Loom in the Berkshire Hathaway family of products.