Tag Archive | "rail industry"

GI Jobs Magazine Names UP Railroad Most Military Friendly Employer

Thursday, November 12, 2009

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GI Jobs Magazine Names UP Railroad Most Military Friendly Employer

GI Jobs Magazine surveyed companies with annual revenues of over $500 million and graded them on areas important to military veterans, including outreach/recruitment programs and National Guard/Reserves policies. Four of the top ten picks were Class 1 freight railroads, with Union Pacific coming out on top. In a statement from Barb Schaefer, the UP vice [...]

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Berkshire Hathaway Buying Burlington Northern Railroad

Tuesday, November 3, 2009

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Berkshire Hathaway Buying Burlington Northern Railroad

Warren Buffet’s Berkshire Hathaway is poised to spend $34 Billion to buy out Burlington Northern Railroad, making it the company’s largest ever acquisition. The deal has been approved by the board of directors of both companies, but will still have to clear a 2/3rds vote of Burlington’s shareholders and antitrust laws. There is no news [...]

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