Days after Warren Buffett announced his US$26.5 billion buyout of railroad BNSF, he insisted that he’d paid a steep price to own a business that would benefit his company, Berkshire Hathaway Inc., over the next century.
“You don’t get bargains on things like that,” he said in a November 2009 interview with Charlie Rose that aired on PBS. “It’s not cheap.”
Read the complete story at the Financial Post.
Related News
- New Jersey Train Length, Crew Size Law Awaits Governor’s Signature
- CSX Conductor, Single Mother Devastated in Head-on Collision
- Union Mourns the Loss of Brother Charles Harrison
- FRA Issues Grade-Crossing Safety Advisory
- Amtrak To Give SMART-TD Members Holiday Bonuses
- Value of Unions
- 2026 Railroad Retirement and Unemployment Insurance Tax Changes
- SMART-TD Members on UP Properties Ratify Five-Year Agreement
- Railroader’s Son to Perform at Carnegie Hall
- Rail Trespassing and Suicide Fatalities Up 70%