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BNSF
’A good day for the Sage
After his surprise move into US railways late last year with the $26.6bn purchase of rail operator BNSF, Warren Buffett is expanding his presence in the reinsurance industry — a sign, say some analysts,
Buffett to sell other rail stakes
The chief executive of Burlington Northern Santa Fe Corp said Warren Buffett’s Berkshire Hathaway is liquidating its stakes in rival railroad companies Norfolk Southern Corp and Union Pacific Corp, as Berkshire prepares to close its purchase of BNSF,
Buffett bets $26bn on US and BNSF
Warren Buffett on Tuesday struck his biggest deal with the $26.6bn purchase of Burlington Northern Santa Fe, one of the largest US railroad operators, in what the billionaire investor called an “all-in wager” on America’s economic future.