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BRIEF-Berkshire Hathaway says intends to sell 1.9 mln Wells Fargo shares in near future

April 12 Berkshire Hathaway Inc:

* Press release - Berkshire Hathaway Inc. News release

* Berkshire Hathaway Inc says in near future, intend to sell 1.9 million shares of Wells Fargo in addition to shares being reported on Wednesday's form 4

* Says the sales of Wells Fargo shares are not being made because of investment or valuation considerations

* Berkshire Hathaway says Wells Fargo stock sales "solely motivated by desire to return to a percentage ownership below 10 pct notification threshold"

* Berkshire Hathaway - commitments required of co by federal reserve to retain ownership of 10 pct or more of Wells Fargo's outstanding common stock would materially restrict commercial activity with Wells Fargo

* Berkshire Hathaway - on April 7, informed Federal Reserve we were withdrawing filing and that we intend to reduce ownership in Wells Fargo common stock below 10 pct within 60 trading days

* Berkshire Hathaway - will file a form 4 with SEC reporting sale of 7.1 million shares of Wells Fargo common stock during period between April 10 and April 12 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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