Sentences with phrase «acquire railroad operator»
NEW YORK (Reuters)- Standard & Poor's said it will add Warren Buffett's Berkshire Hathaway Inc to its flagship S&P 500 stock index, as the company prepares to acquire railroad operator Burlington Northern Santa Fe Corp..
https://www.reuters.com/ Not exact matches
• Ferrocarril Mexicano, Mexico's largest railroad operator, is close to reaching a deal to acquire Florida East Coast Railway, a Jacksonville, Fla. - based rail system operator, for more than $ 2 billion, including debt, according to Reuters.
Warren Buffett is a fan of railroad operators and acquired Burlington Northern Santa Fe (BNSF) in 2010 for $ 34 billion, adding the company to Berkshire Hathaway's portfolio of high quality dividend stocks.