Nov 3rd, 2009 - USA Today
Related topics:
NEW YORK — Warren Buffett, arguably the world's most famous investor, is again putting his massive horde of cash to work and making a big bet on the now-struggling U.S. economy.
On Tuesday, the Oracle of Omaha and chairman and CEO of Berkshire Hathaway (BRKB), announced his biggest deal yet: a cash and stock acquisition of Burlington Northern Santa Fe (BNI) that values the railroad giant at $34 billion.
Related stories:
MARKET SNAPSHOT: US Stock Market Gets Upbeat Signal From Buffett
Nov 4th, 2009 - CNNMoney
Berkshire Hathaway Inc.'s blockbuster deal for Burlington Northern Santa FeCorp. should offer a positive jolt to the broader U.S. stock market, which tendsto follow the lead of the transportation sector. "Rails in particular...
S&P may downgrade Berkshire, upgrade Burlington
Nov 4th, 2009 - Forbes
Standard & Poor's warned Wednesday that Warren Buffett's bid for Burlington Northern Santa Fe Corp. could sap the liquidity and capital position of the legendary investor's insurance operations at Berkshire Hathaway Inc....
Buffett's Burlington Breakup Fee Shows Confidence
Nov 4th, 2009 - Bloomberg
Nov. 4 (Bloomberg) -- Berkshire Hathaway Inc., the companythat agreed to buy Burlington Northern Santa Fe Corp. in itsbiggest takeover, accepted a lower-than-usual breakup fee in asign Warren Buffett expects no one will top his bid.Mixed Finish After Buffett's Big Bet
Nov 4th, 2009 - Forbes
Stocks wobbled around negative territory for much of Tuesday but managed to pull out a late win in two of three major indexes as mixed earnings reports competed for attention with Warren Buffett'sbet on America.
Berskire buying Burlington Northern railroad
Nov 3rd, 2009 - Boston
NEW YORK—Making a $34 billion bet on the future of the U.S. economy, Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp.
"Berkshire's $34 billion investment in BNSF is a huge bet on that company...



