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Buffett Buys BNSF for US$26bil Print E-mail
Thursday, 05 November 2009

Warren Buffett's Berkshire Hathaway has on 3 Nov, offered to acquire Burlington Northern Sante Fe (BNSF) for US$26bil. BNSF is one of the largest rail operators in the United States and moves much of the freight between ports on the U.S. West Coast and the rest of the country.

The deal is Berkshire's largest deal ever and is an "all-in wager on the economic future of the United States", according to Buffett.

 

Read more: http://www.reuters.com/article/topNews/idUSTRE5A22A720091103  

Last Updated ( Thursday, 05 November 2009 )
 
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