Silobreaker.com    Log In
   My Page    Help   
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Sunday, November 22, 2009 12:17 AM

Published 11/03/2009 by The Australian


6:05am Buffett makes his biggest takeover bid

Buffett in 'huge bet' on his biggest takeover bid Skip to: November 04, 2009 06:47am AEDT Breaking World Small Warren Buffett in 'huge bet' on his biggest takeover bid Font Size: Page: UPDATE: Doug Cameron November 04, 2009 Article from: Dow Jones wires BERKSHIRE Hathaway has announced...

Share this 

What others report on the same story

Obama gets Buffett to buy trains
The Wall Street Journal argues that Warren Buffett's purchase of a major freight railroad represents Buffett's sense that the Obama administration's emphasis ... - [11/04/2009 - Ezra Klein]
Buffett Bets On U.S.
Warren Buffett is finally taking his own advice.The billionaire wrote an op-ed piece for The New York Times in October 2008, urging readers to buy U.S. stocks. Oddly ... - [11/04/2009 - Financial Post]
Warren Buffett’s Burlington Deal – Is It Green?
Yesterday Warren Buffett, the world’s second richest but most twinkly man, made what one hedge fund manager described as “his last meaningful deal” - an epic buyout ... - [11/04/2009 - BAD IDEA magazine]
Buffett Bets Billions on Burlington Northern - [11/03/2009 - Portfolio.com: News and Markets]
Berkshire Hathaway Buying Burlington Northern F... - [11/03/2009 - Clusterstock]
Berkshire Hathaway Inc. to Acquire Burlington N... - [11/03/2009 - Street Insider]
Berkshire Hathaway Buying Burlington Northern F... - [11/03/2009 - Business Insider]
Berkshire Hathaway buying out rest of Burlingto... - [11/03/2009 - MarketWatch]
Berkshire Hathaway Inc. Board of Directors Appr... - [11/03/2009 - RBC Dain Rauscher]
Berkshire Hathaway Inc. to Acquire Burlington N... - [11/03/2009 - Business Wire via MSN Money]
1 2 3 4 5 6 7 8 9 10 ... >>

Quotes

...US railroads. "In the long term, it will probably be a great deal for Berkshire Hathaway" Mr Klaskow said...
6:05am Buffett makes his biggest takeover bid [The Australian - 11/03/2009]
...called his bid "a huge bet on Burlington Northern, its management team and the rail industry, as well as "an all-in wager on the economic future" of the US. "I love those bets," he said. The proposed deal values Fort Worth, Texas-based Burlington Northern at $US100 a share. BNI shares recently were trading up 28 per cent at $US97.59. The deal also includes $US10bn of outstanding Burlington Northern debt."
6:05am Buffett makes his biggest takeover bid [The Australian - 11/03/2009]

Related Stories

First Reported 11/03/2009 - Updated 11/05/2009 - 32 Documents (in Corporate Deals)
ND: No local impact is expected with Buffett's purchase
Getting purchased by one of the world's most successful investors wins some attention for a company, but BNSF 's new ownership should not have an immediate impact on the railroad.North Dakota Public Service Commissioner Tony Clark said that Warren Buffett's ... [Stateline - 11/05/2009]
First Reported 11/06/2009 - Updated 11/07/2009 - 18 Documents (in Market News)
Berkshire Hathaway Inc - Click to view image in its original context
Berkshire Hathaway Inc
Buffett's Berkshire Hathaway triples profit
Omaha, Neb. - Warren Buffett's company says its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts.Berkshire said Friday it generated $3.2-billion (U.S.), or $2,087 ... [Globe Investor - 11/07/2009]
First Reported 11/09/2009 - Updated 11/10/2009 - 9 Documents
Norfolk Southern Corporation - Click to view 360-page
Norfolk Southern Corporation
Berkshire to sell stakes in 2 rail companies
Billionaire investor Warren Buffett's Berkshire Hathaway will sell its stakes in two rail companies, Union Pacific and Norfolk Southern, before closing a $26 billion deal for railroad Burlington Northern, said Burlington CEO Matthew Rose. The Union Pacific ... [SmartBrief - 11/10/2009]
First Reported 11/05/2009 - Updated 11/06/2009 - 16 Documents
Burlington Northern Santa Fe Corporation - Click to view image in its original context
Burlington Northern Santa Fe Corporation
Warren Buffett's purchase of Burlington Northern anticipates economic recovery
(McClatchy-Tribune Informa) Warren Buffett bought an expensive train set Tuesday, betting $26 billion for Fort Worth's Burlington Northern Santa Fe railroad on the hunch that a recovering economy will stoke the nation's appetite for coal and Chinese imports. ... [Individual.com - 11/06/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 14 Documents (in Corporate Deals)
Warren E Buffett - Click to view image in its original context
Warren E Buffett
Buffett to buy Burlington Northern in $34 billion deal (Reuters)
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc said it agreed to buy railroad Burlington Northern Santa Fe Corp in Buffett's biggest acquisition ever.In a statement, Buffett said railroads are key for the United States' future growth, ... [Easy Bourse - 11/03/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 9 Documents
Fannie Mae - Click to view 360-page
Fannie Mae
Buffett seeks Fannie Mae tax credits
Warren Buffett’s Berkshire Hathaway has joined Goldman Sachs in the investment bank’s bid to buy $3bn in tax credits from government-owned mortgage giant Fannie Mae, reports the WSJ. The report comes amid news of$ Buffett’s $26.6bn purchase of US railroad ... [FT Alphaville - 11/04/2009]
First Reported 11/08/2009 - Updated 11/09/2009 - 6 Documents (in Corporate Deals)
AXA SA - Click to view image in its original context
AXA SA
AXA Asia Pacific rejects $10bn takeover bid
AXA Asia Pacific, the Australian listed asset manager, has knocked back a $10 billion takeover bid from AMP and AXA.Under the terms of the proposed deal, wealth management company AMP would buy all of the shares in AXA Asia Pacific and then sell the Asian ... [Bobsguide - 11/09/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 4 Documents
Goldman, Buffett Deal with Fannie Mae Inked a Month Ago
If you were curious about the recent news regarding Goldman Sachs' (GS) and Warren Buffett’s (BRK.A) interest in acquiring the tax losses of Fannie Mae (FNM), the details are in Fannie's 10-Q. This deal was agreed to and inked a month ago. It is still ... [Housing Sector News and Analysis from Seeking A ... - 11/06/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 6 Documents (in Corporate Deals)
Axa Asia Pacific rejects $10bn takeover bid
Axa Asia Pacific, the Australian-listed asset manager, has rejected an $10.2bn takeover bid from Australia’s AMP, saying the cash and shares proposal undervalued its business ... [Financial Times - UK Homepage - 11/09/2009]
First Reported 11/01/2009 - Updated 11/01/2009 - 11 Documents (in Environment)
Many in US coal country oppose new emission regulations
Coal super-powers China, India and the United States are set to dominate world climate talks next month, but even in the heartland of US coal there are doubts their re-branded fuel can be part of the solution.In the rugged tree-cloaked hills of rural ... [France24 - Business - 11/01/2009]
First Reported 11/07/2009 - Updated 11/07/2009 - 3 Documents (in Market News)
Berkshire Hathaway generates 3.2bn profit for Buffett
Warren Buffett, the world’s second-richest man, saw third-quarter profits triple at Berkshire Hathaway, his investment vehicle.The conglomerate benefited from gains in its vast stock portfolio to report profit of $3.24 billion (£1.9 billion), or $2,087 ... [Times Online - 11/07/2009]
First Reported 11/05/2009 - Updated 11/05/2009 - 4 Documents (in Corporate Deals)
Kroenke on brink of Arsenal takeover bid
American sports magnate Stan Kroenke has edged a step closer to a possible bid for full control of Arsenal by increasing his stake in the club's holding company to 29.9 percent.That is just short of the 29.99 percent threshold at which British company ... [France24 - Americas - 11/05/2009]
In Focus
Network

Blogs

sort by: Date | Relevance
Goldman Sachs' and Warren Buffett's BRK Attempt... [The Market Oracle - 11/08/2009]
Some great posts this weekend over at "The Big Picture" by Barry Ritholtz; Barry is essentially the "trailblazer" of financial blogging and many a blogger has followed ...
Buffett's Record of Buying Railroad Stocks [DealBook - 11/03/2009]
Warren E. Buffett's investments in railroads are relatively recent. ...
Once Again, Buffett Is The World’s Greatest Inv... [24/7 Wall St. - 10/29/2009]
Bloomberg does a poll of its terminal subscribers from time to time. The most recent was done among 1,452 people from October 23 to October 27. The question and ...
Warren Buffett: Buying Near the Bottom … Again [WSJ.com: MarketBeat - 11/03/2009]
Association of American Railroads Okay so maybe it’s not quite the bottom, but freight rail loadings are sure not far from it. It seems like today’s ...
Buffett Bets Big on Railroads' Future [DealBook - 11/04/2009]
America's best-known investor, Warren E. Buffett, is making his biggest bet yet on the nation's economic future by buying, of all things, a railroad. ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Buffett bets on US economy [Reuters Video: Top News - 11/03/2009]
Buffett bets on US economy [Reuters - YouTube - 11/03/2009]
Warren Buffett's Bet on America [ABC News Video: World News with Charles Gibson - 11/04/2009]
Warren Buffett's Bet on America [ABC News Video: World News with Charles Gibson - 11/04/2009]
Business Update: Buffett's big buy [Reuters Video: Business - 11/03/2009]
1 2 3 4

  •  
  •  
  •