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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Burlington Northern Santa Fe

Burlington Northern Santa Fe stories: 2 news summaries
ANALYSIS

Buffett's Railroad Buy
Is a (Smart) Bet on Coal

Growth in US economy will boost electricity demand

Nov 3, 09 5:56 PM CST
(Newser) - Berkshire Hathaway’s acquisition of railroad operator Burlington North Santa Fe is really a "huge bet" by Warren Buffett on the coal industry, writes Steve Gelsi . Burlington hauls more coal than anything else, and the material accounted for a quarter of its third-quarter revenue. Buffett already is heavily invested... More »

MORE ABOUT:
coal • Warren Buffett • electricity • Berkshire Hathaway • railroad • Burlington Northern Santa Fe

Buffett Bets on Recovery, Buys Burlington for $26B

Deal will be Berkshire Hathaway's largest ever

Nov 3, 09 8:41 AM CST
(Newser) - Berkshire Hathaway has agreed to buy up the 77.4% of railroad operator Burlington Northern Santa Fe it didn’t already own for $26 billion, in what would be Warren Buffett’s largest acquisition ever. “It’s an all-in wager on the economic future of the United States,”... More »

MORE ABOUT:
Warren Buffett • mergers and acquisitions • acquisition • Berkshire Hathaway • railroad • Oracle of Omaha • Burlington Northern Santa Fe

2 Stories


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