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Text size [+][-]  Saturday November 21 2009GLOBAL EDITION

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03 Nov 2009 20:56

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Warren Buffett's Berkshire Hathaway said on November 3 it had agreed to buy the 77.4% of Burlington Northern Santa Fe it didn’t already own for $100 a share in cash and stock, a 31% premium over the closing share price on November 2.

The deal values Burlington’s equity at about $34bn, and also includes the assumption of $10bn of debt.

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