Wednesday, August 8, 2007

Buffett Ups Burlington Northern Stake

Berkshire Buys More BNSF Shares

Tuesday August 7, 10:58 pm ET
By Anna Jo Bratton, Associated Press Writer
Buffett's Berkshire Hathaway Buys 1.62 Million Shares of Burlington Northern

OMAHA, Neb. (AP) -- Warren Buffett's Berkshire Hathaway Inc. bought 1.62 million shares of Burlington Northern Santa Fe Corp. in the past few days, according to a filing late Tuesday with the Securities and Exchange Commission.

The acquisition increases Berkshire's stake to 40.65 million shares -- about 11.5 percent of the Fort Worth, Texas-based railroad.

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