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.

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