Does Warren Buffett Own the Burlington Northern Santa Fe?
Warren Buffett’s Berkshire Hathaway has announced it will buy the 77.4 percent of Burlington Northern Santa Fe Corp. that it does not already own. Priced at $100 per share, or about $44 billion, including the assumption of about $10 billion in debt, it would be the largest deal in Berkshire Hathaway’s history.
When did Berkshire Hathaway acquire Burlington Northern?
2009
In 2009, Buffett’s Berkshire Hathaway bought Burlington Northern Sante Fe, the nation’s second-largest railroad, in a deal worth $44 billion. Roughly five years after the deal, a report from Bloomberg’s Noah Buhayar said that by the end of this year BNSF was set to return all the cash Buffett spent on it.
Is Burlington Northern Santa Fe railroad owned by Berkshire Hathaway?
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway). The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett.
Who bought Burlington Northern?
Berkshire Hathaway Inc
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation’s largest rail company will benefit from a recovering U.S. economy.
What companies does Berkshire own?
The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz …
Did Buffett sell BNSF?
On November 3, 2009, Warren Buffett’s Berkshire Hathaway announced it would acquire the remaining 77.4 percent of BNSF it did not already own for $100 per share in cash and stock—a deal valued at $44 billion….BNSF Railway.
| Overview | |
|---|---|
| Website | bnsf.com |
What are BRK B holdings?
Top 50 Berkshire Hathaway Holdings
| Stock | Company Name | Value |
|---|---|---|
| BAC | Bank Amer Corp | $ 41.65B |
| AXP | American Express Co | $ 25.05B |
| KO | Coca Cola Co | $ 21.64B |
| KHC | Kraft Heinz Co | $ 13.28B |
Who owns the Burlington Railroad?
Berkshire Hathaway
Burlington Northern Santa Fe, LLC
BNSF Railway/Parent organizations