Nov 8th, 2009 - Omaha
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Burlington Northern Santa Fe Corp. need no longer worry about hedge funds or other "activist investors" that attempt hostile takeovers, said Matthew K. Rose, CEO of the rail company.
That's what happened two years ago to CSX Corp., which serves the eastern United States, he said. "You get those kind of things when you are a publicly traded company."
If BNSF shareholders approve the purchase by Omaha-based Berkshire Hathaway Inc., which they are expected to do, the company will reside safely under the wing of Warren Buffett.
Related stories:
Buffett firm sees profits triple
Nov 8th, 2009 - BBC NEWS
Warren Buffett is considered one of the world's greatest investors
Billionaire Warren Buffett's investment firm has reported that profits almost tripled in the third quarter.Berkshire Hathaway's net income triples
Nov 6th, 2009 - Reuters
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said third quarter net income tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.UPDATE 1-Fitch may cut Berkshire rating on Burlington buy
Nov 5th, 2009 - Forbes
NEW YORK, Nov 5 (Reuters) - Fitch Ratings said on Thursday it may cut its ratings on Warren Buffett's Berkshire Hathaway Inc on concerns about the effect its planned acquisition...
Berkshire May Lose AAA Rating on Burlington Buy
Nov 4th, 2009 - Newsmax
NEW YORK -- Standard & Poor's said on Wednesday it may cut Berkshire Hathaway Inc's coveted AAA rating, citing the company's plan to acquire Burlington Northern Santa Fe Corp...
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...
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6:49Warren Buffett's All-In Bet - Morningstar Video
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2:42BNSF Railroad/Warren Buffett/Omaha
Congratulations to all Berkshire Hathaway holders on their upcoming acquisition of BNSF. Historic rivals unite!
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)
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.
