Is BNSF a private company?
The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad’s parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc….BNSF Railway.
| Overview | |
|---|---|
| Website | bnsf.com |
Who owns Burlington Northern?
Berkshire Hathaway
Burlington Northern Santa Fe, LLC
BNSF Railway/Parent organizations
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway). The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett.
When did Warren Buffett buy Burlington Northern?
2009
In 2009, Buffett’s Berkshire Hathaway bought Burlington Northern Sante Fe, the nation’s second-largest railroad, in a deal worth $44 billion.
Is Burlington Northern publicly traded?
As a subsidiary, Burlington shares will no longer be publicly traded. Burlington Northern shareholders were given the choice of being paid for their shares in cash, Berkshire stock, or a combination of the two.
How did Warren Buffett buy BNSF?
Warren Buffett’s company Berkshire Hathaway purchased 77.4% of BNSF shares for $100 each on November 2, 2009. Berkshire Hathaway already owned 22.6% of the company, so the acquisition gave it total ownership of BNSF.
What union is BNSF?
Railroad Workers United
| Founded | November 2007 |
|---|---|
| Location | North America |
| Key people | Ron Kaminkow |
| Affiliations | Railroad union reformers |
| Website | www.railroadworkersunited.org |
What is the stock symbol for Burlington Northern Santa Fe?
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| symbol | UNP |
|---|---|
| company | Union Pacific Corp. |
| %chng | 1.05% |
| last | 243.84 |
| %short | 1.5% |
When did Burlington Northern and Santa Fe merge?
This new holding company purchased the Atchison, Topeka and Santa Fe Railway (often called the “Santa Fe”) and Burlington Northern Railroad, and formally merged the railways into the Burlington Northern and Santa Fe Railway on December 31, 1996.
Who is the parent company of Burlington Northern?
The Burlington Northern Santa Fe Corporation was incorporated in 1993 to facilitate the merger of Burlington Northern, Incorporated, parent of the Burlington Northern Railroad, and Santa Fe Pacific Corporation, which owned the Atchison, Topeka and Santa Fe Railway (Santa Fe).
Who is the parent company of BNSF Railway?
Burlington Northern Santa Fe, LLC is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway). The company is an indirect, wholly owned subsidiary of Berkshire Hathaway, which is controlled by investor Warren Buffett.