Tag Archive | "transportation industry"

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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