Nov 3rd, 2009 - CNNMoney
Related topics:
NEW YORK (CNNMoney.com) -- Warren Buffett said he's making an "all-in wager on the economic future of the United States" with the purchase of railroad Burlington Northern Santa Fe. Let's hope it's a bet that Buffett wins.
The Oracle of Omaha stunned the markets Tuesday with the announcement that his holding company Berkshire Hathaway (BRKA, Fortune 500) was scooping up the remaining 77% of Burlington Northern (BNI, Fortune 500) that it didn't already own. He's paying $100 a share, a 31.5% premium to Monday's closing price.
Related stories:
CORRECT: Buffett's Burlington Bid A Bet On Coal's Continued Role
Nov 3rd, 2009 - Wall Street Journal
("Buffett's Burlington Bid a Bet on Coal's Continued Role, published at 4:58 p.m. EST, misstated the recipients of a note from Clean Air Watch. A corrected version follows.
Buffett And India See A Dim Dollar Future
Nov 3rd, 2009 - Forbes
You might think that Warren Buffett's $34 billion bid for the rest of Burlington Northern Santa Fe ( BNI - news - people ) is the most eye-catching investment decision of the day...Buffett's Berkshire to buy Santa Fe railway
Nov 3rd, 2009 - WashingtonExaminer
NEW YORK — The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy — $34 billion to own a railroad that hauls everything from corn to cars across the country.
Buffett's Burlington Bid A Bet On Coal's Continued Role
Nov 3rd, 2009 - Wall Street Journal
WASHINGTON (Dow Jones)--The Oracle of Omaha sees a future in coal--especially from the Western U.S.--despite the political forces opposing the fuel. Billionaire investor...
Buffett's Berkshire buys Burlington Northern railroad
Nov 3rd, 2009 - USA Today
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...
Related videos from YouTube:
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 ...
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 ...
0:39Eastbound BNSF grain train crossing the Santa Margarita River Valley
An eastbound BNSF grain train tops the summit at Sonora Peak and crosses the Santa Margarita River. Led by Dash 9-44CW #617, ex-Santa Fe SD40-2 #5092, and ex-Burlington Northern SD40-2 #6332 ...
1:07Buffett's Berkshire Buying BNSF Railroad
Making a $34 billion bet on the future of the US economy, Warren Buffett's Berkshire Hathaway on Tuesday agreed to buy the Burlington Northern Santa Fe railroad. (Nov. 3)
