Berkshire Hathaway to Buy BNSF for $100/Share

November 3. 2009: Berkshire Hathaway Inc., controlled by billionaire Warren Buffett, said Tuesday it will buy freight railroad Burlington Northern Santa Fe Corp. for $100 a share, in a transaction worth about $44 billion.

Berkshire Hathaway, which has trucking and other transportation interests, already owned about a 22% stake in BNSF and said it will split its stock 50-to-1 as part of the deal.

Click here to read more at Transport Topics.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Happy 4th of July!

TDU wishes all Teamster brothers and sister and their families a happy 4th of July.

Double Check Your UPS Retro Pay Check!

UPS Teamsters are finally getting their nine months of retro pay for our contractual raises. Check to make sure you’re getting what you are due, using TDU's retro pay calculator. 

View More News Posts