Berkshire Hathaway announced on Monday that it is acquiring 77 percent of railroad operator Burlington Northern Santa Fe for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world's second-richest man, already owns the other 23 percent. Cravath, Swaine & Moore, Munger, Tolles & Olson and Sullivan & Cromwell worked on the deal -- the largest in Berkshire's history.
November 04, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Berkshire Hathaway announced on Monday that it’s acquiring 77 percent of railroad operator Burlington Northern Santa Fe for $34 billion in cash and stock. Berkshire, the holding company for the assets of Warren Buffett, the world’s second-richest man, already owns the other 23 percent.
Cravath, Swaine & Moore, Munger, Tolles & Olson and Sullivan & Cromwell worked on the deal — the largest in Berkshire’s history.
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