Of interest, this is the size of what Buffett recently paid for the rail network Burlington Northern Santa Fe (BNSF) in the era of wobbly markets US$ -
On November 3, 2009, Warren Buffett's Berkshire Hathaway announced that it would acquire the remaining 77.4% of BNSF that it didn't already own for $100 per share in cash and stock - a deal valued at $44 billion. The company is investing an estimated $34 billion in BNSF and acquiring $10 billion in debt.[3][4][5][6][7] On February 12, 2010, shareholders of Burlington Northern Santa Fe Corporation voted in favor of the acquisition.[8]
Not a deal if you thought the world would continue relying more on trucks and highways.
Add to My Watchlist
What is My Watchlist?
