Nov 3rd, 2009 - Reuters
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NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc agreed to buy Burlington Northern Santa Fe Corp in a deal that values the railroad at $34 billion, making it Buffett's biggest acquisition ever.
Berkshire Hathaway is paying $100 a share in cash and stock for the 77.4 percent of the railroad's shares that it does not already own.
Below are some first reactions to the deal.
TOM SCHRADER, MANAGING DIRECTOR, U.S. EQUITY TRADING,
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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.
BEFORE THE BELL: US Stock Futures Advance Before Fed Meeting
Nov 4th, 2009 - Wall Street Journal
U.S. stock futures rose on Wednesday, with traders ignoring the traditional caution ahead of a Federal Reserve interest-rate meeting to take a riskier stance. S&P 500 futures rose 7 points to 1048.
Warren Buffett's Berkshire Hathaway buying Burlington Northern
Nov 4th, 2009 - Los Angeles Times
Billionaire investor Warren Buffett's $34-billion acquisition of railroad giant Burlington Northern Santa Fe Corp. is the biggest bet yet on a U.S. economic recovery,...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.
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0:52Burlington Northern Santa Fe - Berkshire To Buy Burlington Northern For $34 Billion - DealBook
tinyurl.com News Results: Berkshire Hathaway To Acquire BNSF The boards of directors of Berkshire Hathaway Inc. and Burlington Northern Santa Fe Corporation (BNSF - NYSE: BNI ) announced a definitive agreement for tinyurl.com ...
0:49Burlington Northern - Berkshire To Buy Burlington Northern For $34 Billion - DealBook
tinyurl.com News Results: Berkshire To Acquire Burlington Northern By JOHN KELL Berkshire Hathaway Inc. said it will acquire the 77.4% of Burlington Northern Santa Fe Corp. it doesn't already own for $26 billion in cash and tinyurl ...
5:23Buffett on His Railroad Bet
Berkshire Hathaway Chairman Warren Buffett on buying Burlington Northern Santa Fe railroad. ... "burlington northern" trucking "berkshire hathaway" transportation "warren buffett" railroad
2:38Warren Buffet Buys Burlington Northern, Bets on the U.S. Economy
Billionaire Warren Buffet purchased Burlington Northern, his biggest acquisition ever. It's basically a bet on the health of the US economy, say the media.
