Sunday, April 8, 2007

Berkshire takes 10.9 pct Burlington Northern stake

(Reuters) - Berkshire owned 39,027,430 shares of Burlington Northern with a market value of $3.23 billion as of April 5, according to a Friday filing with the U.S. Securities and Exchange Commission. Prior to Friday, Berkshire had not disclosed a stake in the second-largest U.S. railroad.

It wasn't immediately clear why Berkshire amassed the stake. Berkshire and Burlington Northern did not immediately return calls seeking comment.


Read more at Reuters.com Business News

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