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BURLINGTON NTH SANTA FE (BNI) 98.10 $0.02 (0.02%) 05:01AM (15 mins delay)

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Berkshire Hathaway Makes History (Twice)

Nov 04, 2009 - 3:48 AM EST

Andy Kern submits:

I don’t write for this site much anymore, but that doesn’t mean I don’t follow Berkshire Hathaway (BRK.A). And I would be remiss not to comment on the news I awoke to yesterday morning.

Tuesday was likely the most historic day in the history of Berkshire. The company is making the largest single acquisition – by a huge margin – that it ever has by acquiring the 75% of Burlington Northern Santa Fe (BNI) it doesn't already own. Additionally, BRK.B is getting split 50-for-1. No more $3000 shares. Is this the end of the BRK mystique?

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Source: Seeking Alpha (Nov 04, 2009 - 3:48 AM EST)