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Berkshire Hathaway OKs 50-For-1 Stock Split; Purchases BNSF Railroad
Already a stake holder in the railroad company, Berkshire Hathaway has sealed a deal to purchase Fort Worth-based Burlington Northern Santa Fe Corp.
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On the heels of an announced vote on a stock split, Berkshire Hathaway Chief Executive Officer Warren Buffett sealed a deal Monday, Nov. 2, 2009 to purchase Texas-based Burlington Northern Santa Fe Corp. (AP)
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Well, Like a lot of people, Warren Buffet seems to think the US economy is about to come back real strong. I think it will also.
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I guess Mr. Buffett is going to try and make himself 'more' billions of dollars($$$$$$)?? Personally don't know if this is good or bad. BNSF is actually run/operated out of Chicago, via sattelite.
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