Buffett s Deal Won't Be the Last Mega-Merger, Says Diane Garnick
Warren Buffet is digging deep into his pockets, making a $44 billion bet on the U.S. economy. Buffett's Berkshire Hathaway announcing plans today to buy the remaining stake in railroad giant Burlington Northern Santa Fe it doesn't already own for $100 a share in cash and stock, and assume $10 billion of debt.
Apparently, the Oracle of Omaha is fired up about the acquisition – the largest in company history. "It's an all-in wager on the economic future of the United States. I love these bets," he says.
ReadArticle >>>>
