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Warren Buffett makes the biggest buy of his career
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Tuesday, November 03, 2009
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From The Money Game:

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 Burlington Northern had been trading around $76, so shareholders are getting a fat 30% premium.

Berkshire already owned over 20% of the company.

From the release...

Read full article...

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Topics: Warren Buffett | Stocks
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