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Saturday, November 21, 2009 9:05 PM

Published 11/04/2009 by thestar.com.my


Warren Buffett's Berkshire buying railway for US$34bil

It would be the biggest acquisition ever for Berkshire Hathaway Inc

NEW YORK: Legendary investor Warren Buffett is making what he calls an "all-in wager" on the U.S. economy - US$34 billion to buy a major railroad that hauls everything from corn to cars across the country.

Burlington Northern Santa Fe Corp., the second-largest...

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What others report on the same story

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 Said to Join Goldman Bid for Tax Credits
Just because Warren E. Buffett has been working on his railroad, doesn’t mean he’s taken his eye off other investment opportunities.Mr. Buffett’s Berkshire Hathaway, ... - [11/04/2009 - New York Times]
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

"Berkshire's $34 billion investment in BNSF is a huge bet onon that company, CEO Matt Rose and his team, and the railroad industry" Buffett said in a...
Warren Buffett's Berkshire buying railway for US$34bil [thestar.com.my - 11/04/2009]
"Most important of all, however, it's an all-in wager on the economic future of the United States. I love these bets" he said
Warren Buffett's Berkshire buying railway for US$34bil [thestar.com.my - 11/04/2009]
"They do it in a cost-effective way and extraordinarily environmentally friendly way" he told CNBC
Warren Buffett's Berkshire buying railway for US$34bil [thestar.com.my - 11/04/2009]

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In Focus
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Blogs

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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 Record of Buying Railroad Stocks [DealBook - 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: ...
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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]
Business Update: Buffett's big buy [Reuters Video: Business - 11/03/2009]
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