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Sunday, November 22, 2009 1:20 AM

Published 11/03/2009 by MarketWatch


Mr. Buffett's

NEW YORK (MarketWatch) -- Berkshire Hathaway Inc.'s $44 billion deal to buy Burlington Northern Santa Fe Corp. is basically a huge bet on coal, a fuel that powers Warren Buffett's power plants at his MidAmerican Energy utility and plays a major role in the railroad business.

While regulatory delays and uncertainty over climate-change legislation...

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What others report on the same story

Get Real, Buffett's Big Railroad Bet Was Hardly...
The knee-jerk reaction to anything rail-related is to think "green." And indeed, yesterday, after Warren Buffett's Berkshire Hathaway (BNI) announced the acquisition ... - [11/04/2009 - Clusterstock]
Buffett bets on US with largest ever acquisition
Billionaire Warren Buffett's investment vehicle and insurance company Berkshire Hathaway has acquired the 77% stake that it doesn't already hold in railway group ... - [11/04/2009 - TheReview.biz]
Buffett buys, going 'all-in' on U.S. economy
It is the company's biggest acquisition.Berkshire agreed to buy Burlington for $34 billion, or $100 a share. It already owns more than one-fifth of the railroad ... - [11/04/2009 - Columbus Dispatch]
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

...huge purchase as "an all-in wager on the economic future of the United States." See full story
Mr. Buffett's [MarketWatch - 11/03/2009]
"There is financing for rail and infrastructure deals, although it's still limited to small and medium-sized deals" Ackert said...
Mr. Buffett's [MarketWatch - 11/03/2009]
...Ackert said. "This deal from Berkshire for BNSF is unique in its size and the ease with which Berkshire will finance it."
Mr. Buffett's [MarketWatch - 11/03/2009]

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Goldman Sachs' and Warren Buffett's BRK Attempt... [The Market Oracle - 11/08/2009]
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Is Warren Buffett's Railway Buy a Billion Dolla... [Treehugger - 11/03/2009]
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Buffett's big bet on coal [NewsWatch: Energy - 11/04/2009]
Warren Buffett's Berkshire Hathaway upped its stake in Burlington Northern yesterday, paying about $26 billion for the rest of the big railway system. Warren's trains: ...
Is Warren Buffett's Railway Buy a Billion Dolla... [Treehugger - 11/03/2009]
Photo via DOE The initial reaction to news that the Oracle from Omaha was investing billions of dollars in BNSF railway was positive--Mike noted that it could ...
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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]
Buffett's Berkshire Buying BNSF Railroad [Associated Press - YouTube - 11/03/2009]
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