Burlington Northern Santa Fe (BNI)

Warren Buffett's Berkshire Hathaway said Tuesday it will buy railroad operator Burlington Northern Santa Fe for $44 billion. Berkshire already has major stake in the company, and said it would acquire the remaining 77.4% of the company in a cash-and-stock offer worth $100 per share.
Buffett said deal shows his confidence in the U.S.economy.

Nov 3 · 9:50:00 AM · Source: Company News
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by Larry Etter