What did Berkshire pay for BNSF?
What did Berkshire pay for BNSF?
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. Nov 12, 2014
How many railroads does Warren Buffett Own?
one railroadWarren Buffett currently owns one railroad, BNSF. Buffett has stated that buying BNSF represents a belief in the future of the U.S. economy.
Can you buy BNSF stock?
Research the publicly traded railroads and select which companies in which to invest. Class 1 railroads Burlington Northern Santa Fe Railway (NYSE: BNI), CSX Corporation (NYSE: CSX) and Union Pacific (NYSE: UNP) are available for public trade, among other major competitors in the industry.
