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huffingtonpost.com - 26 days ago
Warren Buffett Buys A RAILROAD? Berkshire Hathaway Acquires Burlington Northern Railroad
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NEW YORK � Warren Buffett's Berkshire Hathaway Inc. on Tuesday said it agreed to buy Burlington Northern Santa Fe Corp. in a deal valuing the railroad at $34 billion. Berkshire Hathaway already owns a stake of about 22 percent in Burlington Northern, and said it will pay $100 a share for the ...
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Fox Business channel missed the biggest business news story of the day – Warren Buffet buying Burlington Northern – because they were busy running Imus’ show. What a joke.