Wednesday, November 4, 2009

Today's Fly Or Die Commerce Report

Warren Buffet's company, Berkshire Hathaway, just made its biggest purchase in the company's history.

According to CNN, Berkshire Hathaway brought Burlington Northern Sante Fe for $44 billion.

Burlington Northern is a railroad operation. However, they also own other businesses such as: Fruit of the Loom, and Geico.

CNN states that news of the acquisition caused Burlington Northern's stocks to rise 28% on the morning of the announcement.

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