Anonymous ID: 81d6af July 15, 2022, 2:05 p.m. No.16739797   🗄️.is 🔗kun   >>9824

>>16739728

>Any trainfags on the board? Is there gonna be a strike?

 

Does a bear shit in the woods?

Does Buffett own the railroads?

 

In 2009, Buffett invested $2.6 billion as a part of Swiss Re's campaign to raise equity capital.[73][74] Berkshire Hathaway already owned a 3% stake, with rights to own more than 20%.[75] Also in 2009, Buffett acquired Burlington Northern Santa Fe Corp. for $34 billion in cash and stock. Alice Schroeder, author of Snowball, said that a key reason for the purchase was to diversify Berkshire Hathaway from the financial industry.[76] Measured by market capitalization in the Financial Times Global 500, Berkshire Hathaway was the eighteenth largest corporation in the world as of June 2009.[77]

 

The merger with the Burlington Northern Santa Fe Railway (BNSF) closed upon BNSF shareholder approval during Q1 of 2010. This deal was valued at approximately $44 billion (with $10 billion of outstanding BNSF debt) and represented an increase of the previously existing stake of 22%.[79][80]

 

https://en.wikipedia.org/wiki/Warren_Buffett