Large Firms
Dec. 29, 2009
Berkshire's Railroad Deal Lifts M&A
When Warren Buffett's Berkshire Hathaway announced it was acquiring Burlington Northern Santa Fe Corp. for $26.3 billion, the move contributed to a much-needed lift on the gloom that befell deal activity in 2009.
Daily Journal Staff Writer
When Berkshire Hathaway announced in November it was acquiring the remaining 77 percent of Burlington Northern Santa Fe Corp. for $26.3 billion, Warren Buffett touted the deal - the largest in his company's history - as a bet on the economic future of the U.S. Indeed, the move contributed to a much-needed lift on the gloom that befell deal activity in 2009.
The acquisition was t...
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