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dealbook.blogs.nytimes.com - 11/3/2009
Berkshire to Buy Rest of Burlington Northern for $44 Billion
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Berkshire Hathaway, the investment vehicle of Warren E. Buffett, said on Tuesday that it plans to buy the 77.4 percent of Burlington Northern it doesn't already own for $44 billion in cash and stock, representing a big bet on the railroad industry.
ritholtz.com - 11/3/2009
Buffett Sells Moodys, Buys Burlington Santa Fe
— ritholtz.com — Dump the dog, buy the thoroughbred: • Berkshire Buys Burlington Northern in Buffett’s Biggest Takeover (Bloomberg) •... Buffett’s Berkshire Sells More Moody’s (Barron’s) Prior to the takeover, Berkshire owned 22.6% of Burlington ... (more) Buffett Sells Moodys, Buys Burlington Santa Fe

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valueinvestingnews.com - 28 days ago
Berkshire Hathaway to Acquire Burlington Northern
— valueinvestingnews.com — In its largest acquisition to date, Berkshire Hathaway said Tuesday it will acquire the 77 percent stake... in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock. (more) Berkshire Hathaway to Acquire Burlington Northern

Comments vote down Fat Pitch Financials found this 28 days agofound this
fundmymutualfund.com - 11/3/2009
Warren Buffet's Berkshire Hathaway (BRK-b) to Acquire Burlington Northern (BNI) ; Split B Shares ...
— fundmymutualfund.com — A couple of interesting acquisitions in the past 24 hours; late yesterday a bid for Black &... Decker (BDK) by Stanley Tools - apparently finalizing a 28 year courtship ! Stanley agreed to buy Black & Decker for about $3.5 billion in an ... (more) Warren Buffet's Berkshire Hathaway (BRK-b) to Acquire ...

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Abnormal Returns:  Tuesday links: leverage cycles

ETF Database:  Will Buffett’s Railroad Bubble Derail Transportation ETF?

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Tuesday links: leverage cycles
Abnormal Returns — At least one company is not hoarding cash any more.  Berkshire Hathaway (BRK) buys railroad Burlington Northern (BNI).  (WSJ, 24/7 Wall St., DealBook, FT Alphaville) Warren Buffett is betting on the American economy (and continued stimulus spending).  (The Money Game, Beanieville, Fund My Mutual Fund, Big Picture, MarketBeat) ...

Will Buffett’s Railroad Bubble Derail Transportation ETF?
ETF Database — ... Despite the fact that shares of Berkshire Hathaway have lagged far behind broad market benchmarks this year, the events of the last month have shown that the investment community still hangs on Warren Buffett’s every word and tries to draft his every move. Buffett’s Berkshire Hathaway announced in early November that it would purchase the shares it didn’t already own in railroad operator Burlington Northern Santa Fe at a premium of nearly 30%, setting off a run on railroad stocks. While his bullish outlook on the U.S. economy in general (and the ...

Related: buffett buys bni, burlington northern
Buffett Lets It Ride on the Railroad
blog.ockhamresearch.com 11/3/2009 — This morning Warren Buffett announced his company, Berkshire Hathaway ( BRKB ), would make its largest acquisition to date in Burlington Northern Sante Fe ( BNI ).  When Warren makes a move, everyone takes notice.  His affinity for this railroad operator has been no secret as he had ...
Transports Soar on Buffet Buyout
portfoliotilt.com 11/3/2009 — Although the general equity markets were mostly flat during the session, the Dow Jones Transportation Index gained more than 5% on very heavy volume. Tuesday's bounce can be attributed to Warren Buffet's acquisition of Burlington Northern Santa Fe for $30+ Billion in cash and stock.
Berkshire Buys Burlington Northern — Daily Markets
Warren Buffett’s Berkshire Hathaway (BRK-A) said on Tuesday that it is acquiring Burlington Northern Santa Fe Corp (BNI) for $44 billion. This is the biggest acquisition ever for Berkshire Hathaway. With this acquisition, Berkshire Hathaway is adding the railroad transportation business ...
Berkshire Hathaway Buys Burlington Northern Santa Fe for $44 billion — Business Pundit
Image: Harold Davis/Flickr Berkshire Hathaway announced today that it is buying railroad company Burlington Northern Santa Fe (BNI) for $44 billion, or $100/share. It is Berkshire Hathaway’s biggest-ever takeover. Bloomberg has more on Warren Buffett, railroad tycoon: Berkshire ...
Buffett Buys BNI — Bear Mountain Bull
CNBC can talk about nothing but Warren Buffett’s acquisition of Burlington Northern this morning (more in the comments). Funny, but they haven’t said a word about him dumping Moody’s stock…
Fed lays down the law on bonuses to big banks; Buffett buying all of $BNI; Barclays in major restructuring; RBS and Lloyds getting $51B second bailout; Galleon: Ruiz exiting his job; UBS loss; SCOTUS hearing mutural fund fee case; California budged chief — Wall Street Folly
Mack, Blankfein Said to Meet Fed Officials on Pay Fed tells banks to adopt pay rules early Berkshire Buys Burlington Northern in Buffett’s Biggest Takeover Press Release: Berkshire Hathaway Inc. to Acquire Burlington Northern Santa Fe Corporation (BNSF) for $100 Per Share in Cash and ...
Riding the Rails at a High Price? — DealBook
What does Warren E. Buffett see in railroads? Berkshire Hathaway, his investment company, is paying a big premium for Burlington Northern Santa Fe, Breakingviews says.
Buffett’s Berkshire Acquisition Of Burlington Northern: A Vote Of Confidence For The U.S. Economy As A Whole — Daily Markets
Warren Buffett believes in the United States’ economic future, and yesterday (Tuesday) he put his money where his mouth is. Berkshire Hathaway Inc. (BRK-A) acquired railroad Burlington Northern Santa Fe Corp. (BNI) in a deal valued at $44 billion, the largest in Berkshire’s ...
Despite Buffett Bid, More Rail Deals Seem Unlikely — DealBook
Despite Warren E. Buffett's $26 billion deal for Burlington Northern Santa Fe, analysts seem to agree that the chances of another mega-railroad buyout remain pretty low.
Warren Buffetts Purchase Of Burlington Northern Provides Major Boost To The Transportation ETF — Daily Markets
“Warren Buffett’s $34 billion purchase of Burlington Northern Santa Fe [[BNI]) sent the transports up 4.5% at the open Tuesday, and iShares Dow Jones U.S. Transportation Index [[IYT]] up 4.7%. At 11.38% of IYT as of yesterday’s close, BNI is the largest holding in the ...
Midday Market Update: Wall Street Down Despite Factory Orders — Daily Markets
Stocks and exchange traded funds (ETFs) are slightly negative this morning as the markets process news about factory orders and a big deal between Berkshire Hathaway and Burlington Northern Santa Fe worth billions. Warren Buffett’s Berkshire Hathaway (BRK-B) has agreed to buy Burlington ...
Creative Consolidation Emerges From 2 Big Deals — DealBook
The Deal Professor finds that a day makes all the difference and examines the creative consolidation in Stanley Works' bid for Black & Decker and Berkshire Hathaway's bid for Burlington Northern Santa Fe.
Warren Buffett buys a… railroad company. — Midas Oracle .ORG
Burlington Northern Santa Fe Corp. for about $26 billion in cash and stock . Midas Oracle = About + Archives + Authors + Best + Contact + Information Technology + Links + Probabilistic Predictions + Post-Mortem Predictions + Prediction Exchanges + Prediction Software + Publish Your Post + ...
Buffett Makes $34B Bet on Railroad — Breaking News: CBS News
Berkshire Hathaway Agrees to Buy Burlington Northern Santa Fe
Burlington…not so Buffett-like — Rolfe Winkler
So I thought I’d do a little number crunching on Buffett’s Burlington deal. What does that tell us? That Buffett is paying a full price for a business with mediocre returns on capital, that he’s betting on growth, not value. Valuation (based on share prices of $100 for ...
Buffett Bets $44 Billion on U.S. Railroad! — Yahoo! Finance: Tech Ticker
From The Business Insider, Nov. 3, 2009: Warren Buffett's Berkshire Hathaway (BRK) is making a big rail buy, acquiring Burlington Northern (BNI) for $100 per share or about $44 billion. The deal is the largest in Berkshire's history. Shares of Burlingt
Landmine Time — Stock Picks and Discussion at iBankCoin | The Fly
Forget about what the market is doing right now. The real issue is “How many legs where blown off with the The Stanley Works ( SWK : 47.29 +4.74% ) for The Black & Decker Corporation ( BDK : 58.35 +23.26% ) and Berkshire for Burlington Northern Santa Fe Corporation ( BNI : 97.43 ...
My Take on Buffett’s Acquisition of Burlington Northern (BNI) — Value Investing News - Investor powered stock market news
The ModernGraham opinion on Warren Buffett's purchase of Burlington Northern Santa Fe. Mr. Buffett got it right once again.
Stock Market News: Berkshire Hathaway To Acquire Burlington Northern; UBS Reports Fourth Straight Quarterly Loss — Daily Markets
Deal-making activity heated up with the mega-deal announcement from Berkshire Hathaway (BRK-A) of its plans to acquire Burlington Northern (BNI) for $100 per share in a deal valued at approximately $44 billion, the largest in Berkshire history Stanley Works (SWK) announced plans to purchase ...
Berkshire Hathaway buying Burlinton Northern Santa Fe — BloggingStocks
A major acquisition is coming to light this morning, as Berkshire Hathaway (NYSE: BRK.A, BRK.B ) has announced that it is acquiring Burlington Northern Santa Fe (NYSE: BNI ). The deal calls for BRK to dish out $100 per share in cash and stock for the 77.4% of BNI shares that BRK doesn't already ...
Tuesday Morning Market Compass — Minyanville
A sampling of this morning's headlines provides a snapshot of our task at hand.In Matador City you've got the world's most famous investor plunking down $44 billion for Burlington Northern Sante Fe Corp (BNI). Warren Buffett Chairman & CEO of Berkshire Hathaway Inc. (BRK) said of the ...
Berkshire Hathaway to Acquire Burlington Northern — Value Investing News - Investor powered stock market news
In its largest acquisition to date, Berkshire Hathaway said Tuesday it will acquire the 77 percent stake in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock.