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Sunday, November 22, 2009 12:07 AM

Published 11/04/2009 by Yahoo! News Australia


Buffett buys out US rail operator (The West Australian)

US billionaire investor Warren Buffett has unveiled a deal to take over Burlington Northern Santa Fe, one of the largest rail operators in North America, calling it a huge bet on the future of the US economy.Buffett's Berkshire Hathaway holding group announced it would purchase the 77.4 per cent of Burlington Northern Santa Fe (BNSF) that it does not currently...

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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

...for the new stake. "It's an all-in wager on the economic future of the United States. I love these bets" said Mr Buffett, known...
...price Monday. "Our country's future prosperity depends on its having an efficient and well-maintained rail system" said Buffett, Berkshire...
"America must grow and prosper for railroads to do well" Buffett said, adding...

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Network

Blogs

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Goldman Sachs' and Warren Buffett's BRK Attempt... [The Market Oracle - 11/08/2009]
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Sovestor submits:Warren Buffett, 79 years old and the world's biggest and smartest investor, yesterday Nov 3, 2009, announced in a big way that his Berkshire Hathaway ...
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The chief executive of Burlington Northern Santa Fe Corp said Warren Buffett’s Berkshire Hathaway is liquidating its stakes in rival railroad companies Norfolk Southern ...
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 to sell other rail stakes [FT Alphaville - 11/10/2009]
The chief executive of Burlington Northern Santa Fe Corp said Warren Buffett's Berkshire Hathaway is liquidating its stakes in rival railroad companies Norfolk Southern ...
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]
Buffett's Berkshire Buying BNSF Railroad [Associated Press - 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]
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