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On November 3, 2009, Berkshire Hathaway announced that using stock and cash totaling $26 billion, it would acquire the remaining 77.4 percent of the Burlington Northern Santa Fe Corporation, parent of BNSF Railway, that it did not already own. This was the largest acquisition to date in Berkshire's history.
Website. bnsf .com. BNSF Railway ( reporting mark BNSF) is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, [1] 33,400 miles (53,800 km) of track in 28 states, and over 8,000 locomotives. [2] It has three transcontinental routes that provide rail connections between the ...
Acquisition Price Notes Acme Brick Company: Materials and Construction 100% 2000/08/01 ~$600 Million ($4,392.65 Million 2017) Alleghany Corporation: Insurance 100% 2022/10/19: $11.6 billion: Included Alleghany subsidiary Kentucky Trailer, which designs and manufacturers trailers AltaLink: Electric Transmission 92% 2014/12/01: C$3.24 Billion
Sounder commuter rail. Sounder commuter rail ( reporting mark SDRX) is a commuter rail service operated by BNSF on behalf of Sound Transit. [4] Service operates Monday through Friday during peak hours from Seattle, Washington, north to Everett and south to Lakewood. In 2023, the system had a ridership of 1,630,000, or about 7,500 per weekday as ...
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3 Blue Chip Dividend Stocks to Buy and Hold Forever. Daniel Foelber, Scott Levine, and Lee Samaha, The Motley Fool. See more. June 26, 2024 at 6:30 AM. The stock market is full of noise, but over ...
Berkshire Hathaway (NYS: BRK.B) , which bought Burlington Northern in 2009, cites strength at the railroad for favorable results at the company overall. With those favorable tailwinds, Union ...
The Santa Fe–Southern Pacific merger was an attempted corporate consolidation of two of the major railroads in the Western United States at the time: the Atchison, Topeka and Santa Fe Railway and the Southern Pacific Railroad. The approximately US$ 5 billion deal (US$14.7 billion in 2023 dollars [1]) was announced in September 1983 and in ...