Berkshire wins U.S. antitrust OK for Burlington
Reuters
Dec 07, 2009
WASHINGTON (Reuters) - Billionaire Warren Buffett's Berkshire Hathaway Inc <BRKa.N> <BRKb.N> won U.S. antitrust approval to take over railroad operator Burlington Northern Santa Fe Corp <BNI.N>, the Federal Trade Commission said on Monday.
Berkshire is on track to buy the 77.4 percent of Burlington Northern it does not already own for $26.4 billion.
The approval was announced in a list of deals cleared by U.S. antitrust regulators that the FTC issues several times a week.
(Reporting by Diane Bartz, editing by Gerald E. McCormick)