Monday, April 9, 2007

Berkshire Hathaway buys into two other rails

(Reuters) - NEW YORK, April 9 - Warren Buffett's Berkshire Hathaway Inc. , which built a 10.9 percent stake in Burlington Northern Santa Fe Corp. , has acquired stakes in two other rail companies, CNBC television said on Monday.

Citing an interview with the billionaire investor, CNBC said Omaha, Nebraska-based Berkshire spent $700 million on one of the additional rail investments and slightly less on the other.


Read more at Reuters.com Bonds News

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