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Article: Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation BNSF for $100 Per Share in Cash and Stock.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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The boards of directors of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) and Burlington Northern Santa Fe Corporation (BNSF; NYSE: BNI) announced a definitive agreement for Berkshire Hathaway to acquire for $100 per share in cash and stock the remaining 77.4 percent of outstanding BNI shares not currently owned to increase its holdings to 100 percent. Based on the number of outstanding BNI shares (including shares currently owned by Berkshire) on Nov. 2, 2009, the transaction is valued at approximately $44 billion, including $10 billion of outstanding BNSF debt, making it the largest acquisition in Berkshire Hathaway history.
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Article: BURLINGTON NORTHERN SANTA FE REPORTS ACQUISITION BY ...
US Fed News Service, Including US State News;
October 31, 2008 ;
325 words
...WASHINGTON, Oct. 31 -- Burlington Northern Santa Fe Corp. (BNI), Ft. Worth, Texas, has filed a Form ... in the beneficial interest held by 10 percent owner Berkshire Hathaway Inc., Omaha, Neb.On Oct. 28 the action involved ...
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