Buffet to buy BNSF Railway
Published on -11/3/2009, 9:49 AM
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Berkshire Hathaway Inc. already owns a stake of about 22 percent in BNSF, and says it will pay $100 a share for the rest of the company. That is a 32 percent premium over Burlington's closing price on Monday.
The deal announced Tuesday has been approved by the boards of both companies.
It would be the biggest acquisition ever for Berkshire Hathaway Inc.
Good ur a pumpkin munchin since bn bought the santa fe now we have to sell the bnsf
(Posted by: a proud santa fe man)
Good: 11/3/2009
Burlington Northern was a good company before Santa Fe came in. Krebs runied the Santa Fe. BNSF is run by ex Santa Fe management, can't blame BN for anything. Coal is the only thing keeping BNSF alive, thanks to BN.
(Posted by: Hoghead)
crash: 11/3/2009
there goes another company... SF was good before bn came in... I have friend that work there and it's a mess... this gives room for UP to take over everything...
(Posted by: kanneb9)
Next Time: 11/3/2009
Dang it, Buffet, beat me to it again...that old whipper snapper!
(Posted by: Deleted)
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