(BRKA) Berkshire Hathaway Borrows for Burlington Northern Santa Fe Acquisition
Posted on November 20, 2009 at 18:27 PM EST
Warren Buffett, the CEO and Chairman of Berkshire Hathaway (BRKA)/(BRKB), announced on Thursday to borrow $8 billion of loan for the acquisition of Burlington Northern Santa Fe Corporation (BNI). Berkshire Hathaway, which already owns a 22% stake in Burlington Northern, announced earlier this month it would acquire the rest for a total value of $34 [...] (BRKA) Berkshire Hathaway Borrows for Burlington Northern Santa Fe Acquisition