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ritholtz.com - 11/3/2009
Buffett Sells Moodys, Buys Burlington Santa Fe
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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 Santa Fe. At the end of 2008, Berkshire ...
dealbook.blogs.nytimes.com - 11/3/2009
Berkshire to Buy Rest of Burlington Northern for $44 Billion
— dealbook.blogs.nytimes.com — 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. (more) Berkshire to Buy Rest of Burlington Northern for $44 Billion

Comments vote down Abnormal Returns found this 11/3/2009found this
valueinvestingnews.com - 26 days ago
My Take on Buffett’s Acquisition of Burlington Northern (BNI)
— valueinvestingnews.com — The ModernGraham opinion on Warren Buffett's purchase of Burlington Northern Santa Fe. Mr. Buffett got it right... once again. (more) My Take on Buffett’s Acquisition of Burlington Northern ...
Comments vote down Fat Pitch Financials found this 26 days agofound this
valueinvestingnews.com - 26 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 26 days agofound this

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Bear Mountain Bull:  Buffett Buys BNI

Abnormal Returns:  Tuesday links: leverage cycles

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Buffett Buys BNI
Bear Mountain Bull — Buffett Buys BNI 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 … Posted: 7:54 am Comment on this post Comments No comments yet. RSS feed for comments on this post. Leave a comment Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: Name E-mail (Not required, not displayed) ...

Tuesday links: leverage cycles
Abnormal Returns — ... 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) Black & Decker ...

Related: burlington northern santa fe
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.
Top 10 Analyst Upgrades, Downgrades, Initiations (AEO, BNI, ENR, GET, GES, GD, STEC, VIA, YUM)
247wallst.com 11/4/2009 — These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Eagle Outfitters (NYSE: AEO) Raised to Top Picks at FBR Capital; but shares were also Cut to Hold at ...
Buffett selling his UNP and NSC — Beanieville Inc.
From Wall Street Journal: "The chief executive of Burlington Northern Santa Fe Corp. said Warren Buffett's Berkshire Hathaway Inc. is liquidating its stakes in rival railroad companies Norfolk Southern Corp. and Union Pacific Corp., as Berkshire prepares to close its purchase of Burlington ...
Buffett to Sell Stakes in 2 Other Railroad Companies — DealBook
As Warren E. Buffett takes on Burlington Northern Santa Fe in his biggest-ever deal, he is looking to sell off his stakes in two other big railroad companies, Union Pacific and Norfolk Southern.
Exploring the Details of 2 Notable Deals — DealBook
The Deal Professor dissects the acquisition agreement between Stanley Works and Black & Decker and the agreement between Berkshire Hathaway and Burlington Northern Santa Fe.
Serious Money: Questions as Buffett's money & mouth converge on BNI — BloggingStocks
Yesterday it was announced very loudly that "my pal Warren" was going to acquire the 77.4% of the Burlington Northern Santa Fe (NYSE: BNI ) railroad, that Berkshire Hathaway (BRK.A) does not already own, for $100 per share, offering about a $24 premium to Mondays closing price. Talk about ...
Fat Pitch Take on Burlington Northern Santa Fe — Fat Pitch Financials
As a follower of Warren Buffett, I learned about Berkshire Hathaway’s (BRK-A) acquisition of Burlington Northern Santa Fe (BNI) early yesterday morning. Most value investors probably were interested in learning more about how Mr. Buffett valued BNI. What is the intrinsic value of ...
— PHOTON COURIER
BUFFETT'S BIG PURCHASEBerkshire Hathaway is buying the Burlington Northern Santa Fe for $46 billion. (The number includes assumpntion of $10B in debt.) Berkshire already owned about 20% of the railroad's stock and is now purchasing the rest--BNI shareholders, of which I am one, can opt for ...
Morning Morsel — UpsideTrader
U.S. stocks ended fairly unchanged Tuesday, as the decision by Warren Buffett to splash out $44 billion on railroad operator Burlington Northern Santa Fe was offset by weakness in the chip sector on...
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 Bets Big On a Bottom — GoldSeek.com
Although we wish Warren Buffet well on his railroad bet, we think he may be premature. Buffett tendered a $100 offer Tuesday for the 77 percent of Burlington Northern Santa Fe that he doesn’t already own, paying a 30% premium over the most recent share price. He was quoted as saying it was an ...
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 ...
Buffett Bets Big, Transportations Take Off, Gold Hits High — TradingMarkets
Warren Buffett's blockbuster deal to purchase Burlington Northern Santa Fe triggered a rally in the transport sector but was insufficient impetus to drag the broader market higher. Indexes closed mixed on the day.
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.
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 ...
Today's Headlines — Between the Hedges
Bloomberg: - Warren Buffett’s Berkshire Hathaway Inc. agreed to buy railroad Burlington Northern Santa Fe Corp. in what he described as an “all-in wager on the economic future of the United States.” The purchase, the largest ever for Berkshire, will cost the company $26 billion, or $100 a share ...
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 + ...
Midday Market Update: Wall Street Down Despite Factory Orders — ETF Trends
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 (NYSE: BRK-B) has agreed to buy ...
Buffett's Deal Won't Be the Last Mega-Merger, Says Diane Garnick — Yahoo! Finance: Tech Ticker
Warren Buffet is digging deep into his pockets, making a $44 billion bet on the U.S. economy. Buffett's Berkshire Hathaway announcing plans today to buy the remaining stake in railroad giant Burlington Northern Santa Fe it doesn't already own for $100 a s
Berkshire to Acquire Burlington Northern — WSJ.com: What's News US
Berkshire Hathaway said it will acquire the 77% of Burlington Northern Santa Fe it doesn't already own in a cash and stock deal that values the railroad at $34 billion and marks Warren Buffet's largest acquisition.