Feb 13, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions


Berkshire Hits The (Rail)Road And Bags Burlington « Investment U »

Posted: 13 Feb 2010 09:02 AM PST

This analysis is by Martin Denholm, Senior Editor, Investment U
The legendary old sage has done it again.
Warren Buffett's Berkshire Hathaway (NYSE: BRK-B) has now officially added another big American outfit to its already impressive stable of holdings.
And in record-setting fashion, too…
This time, the company splurged $26.4 billion to snap up the remaining 77.4% of railroad firm Burlington Northern Santa Fe (BNI) that it didn't already own. It was the biggest acquisition in … [visit site to read more]


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