|
|
Article: Buffett's Berkshire buying Burlington Northern RR
- Article from:
- AP Online
- Article date:
- November 3, 2009
- Author:
CopyrightCopyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
|
Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., making a $34 billion bet on the future of the U.S. economy.
Burlington Northern, the nation's second-largest railroad, is the biggest hauler of food products like corn and coal for electricity, making it an indicator of the country's economic health. The railroad also ships a large amount of goods from Western ports including everyday items such as refrigerators, clothing and TVs.
Analysts say Buffett is planting both feet in an industry that is poised to grow as the economy gets back on solid ground. If approved, it would be the biggest acquisition ever for Berkshire Hathaway ...
Related newspaper, magazine, and journal articles:
|
|
Article: FORM 4: BURLINGTON NORTHERN SANTA FE REPORTS ...
US Fed News Service, Including US State News;
December 13, 2008 ;
327 words
...WASHINGTON, Dec. 13 -- Burlington Northern Santa Fe Corp. (BNI), Ft. Worth, Texas, filed ... change in the beneficial interest held by 10 percent owner Berkshire Hathaway Inc., Omaha, Neb. On Dec. 11 the action involved ...
|
|