Market Currents
Tuesday, November 3, 2009
7:37 AM
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Berkshire Hathaway (BRK.A) to acquire Burlington Northern (BNI) for $100/share in cash and stock - a 30% premium to Monday's close of $76.07. The transaction, which will give Berkshire the 77.4% of BNI it doesn't already own, is worth $44B including $10B in outstanding debt. (PR)