Nov 3rd, 2009 - Washington Post
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Burlington Northern serves more of the nation's major grain-producing regions than any other railroad.
Burlington is one of the least optimistic among major railroads about the pace of economic recovery. CEO Matt Rose said consumers will be the driver of any improvement in the economy, but no one is buying yet. Coal shipments to power plants have fallen off sharply because of lower electricity demand. Burlington Northern hauls enough coal to power one out of every 10 homes in the U.S.
Related stories:
Buffett's Lower Burlington Breakup Fee Shows Confidence in Deal
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Berkshire Hathaway Inc., the holdingcompany that agreed to buy Burlington Northern Santa Fe Corp.,accepted a lower-than-usual breakup fee in a sign Warren Buffettexpects to complete his biggest takeover.
Asia Day Ahead: Most US Stocks Rise; Buffett's Deal
Nov 3rd, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Most U.S. stocks rose after WarrenBuffett agreed to buy Burlington Northern Santa Fe Corp. andStanley Works said it will take over Black & Decker Corp....
Wall Street pulled lower by semis, financials
Nov 3rd, 2009 - Reuters
NEW YORK (Reuters) - U.S. stocks stumbled on Tuesday after Morgan Stanley downgraded the semiconductor sector and a shake-up at two big British banks prompted investors to sell financial shares.Berkshire Agrees to Acquire Burlington Northern in Buffett's Biggest Deal
Nov 3rd, 2009 - Bloomberg
Nov. 3 (Bloomberg) -- Warren Buffett’s Berkshire HathawayInc. agreed to buy railroad Burlington Northern Santa Fe Corp.in the company’s biggest takeover.
Buffett’s firm will pay $26 billion...



