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Friday, October 31, 2008

RTT NEWS: Berkshire Hathway buys 825,000 shares in Burlington Northern Santa Fe

10/31/2008 12:02 AM ET

(RTTNews) - Railroad Burlington Northern Santa Fe Corp. (BNI: News ) revealed in a regulatory filing Thursday that billionaire investor Warren Buffett's Berkshire Hathway Inc. (BRKA) on October 28 bought 825,000 shares of the Fort Worth, Texas-based company.

The shares were bought at a price of $79.65 per share. Berkshire now has 64.61 million shares in the nation's second-largest railroad.

BNI closed Thursday's regular trade at $86.59, up $1.54 or 1.81%, on 5.16 million shares.

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