HOME
The Info List - Burlington Northern Santa Fe Corporation


--- Advertisement ---



Burlington Northern Santa Fe, LLC
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.[2]

Contents

1 History 2 Business 3 References 4 External links

History[edit] The Burlington Northern Santa Fe Corporation
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
Atchison, Topeka and Santa Fe Railway
(Santa Fe).[3] The corporate merger was consummated on September 22, 1995 at which point shareholders of the previous companies became shareholders of BNSF and the two companies became wholly owned subsidiaries of BNSF.[4] In December 1996, the two holding companies and two railroads were formally merged, and in January 1998 the remaining intermediate holding company was folded into the railroad. Robert D. Krebs of Santa Fe Pacific was president of BNSF from the merger until 1999, chief executive from the merger until 2000, and chairman from 1997 until 2002. He was succeeded in all three positions by Matthew K. Rose. On November 3, 2009, Berkshire Hathaway
Berkshire Hathaway
made a $26 billion offer to buy the remaining 77.4 percent of Burlington Northern Santa Fe Corporation it did not already own, valuing the purchase at $34 billion. The deal, which including Berkshire’s previous investment and the assumption of $10 billion in Burlington Northern debt brings the total value to $44 billion.[5] Consummated February 12, 2010, it is the largest acquisition in Berkshire Hathaway's history.[6] The deal was structured so that the Burlington Northern Santa Fe Corporation would merge with and into R Acquisition Company, LLC, an indirect, wholly owned subsidiary of Berkshire Hathaway. The deal closed on February 12, 2010 and at the same time, the now merged company changed its name to Burlington Northern Santa Fe, LLC
Burlington Northern Santa Fe, LLC
that remains an indirect, wholly owned subsidiary of Berkshire Hathaway.[7] Business[edit] BNSF Railway's primary rail competitor in the Western region of the United States
United States
is the Union Pacific Railroad
Union Pacific Railroad
Company. Other Class 1 railroads and numerous regional railroads and motor carriers also operate in parts of the same territories served by BNSF Railway.[8] Based on weekly reporting by the Association of American Railroads, BNSF's share of the western United States
United States
rail traffic in 2008 was approximately 49 percent.[8] References[edit]

^ "NYSE:BNI - Google Finance Search". www.google.com.  ^ https://finance.yahoo.com/news/Berkshire-completes-apf-3977452335.html?x=0&.v=3 ^ "About BNSF – Contact Us - BNSF". BNSF Railway.  ^ "About BNSF – Contact Us - BNSF". BNSF Railway.  ^ "Berkshire Bets on U.S. With a Railroad Purchase". November 3, 2009.  ^ Frye, Andrew (November 3, 2009). "Berkshire Buys Burlington in Buffett's Biggest Deal (Update5)". Bloomberg. Retrieved 20 December 2012.  ^ BNSF Railway
BNSF Railway
Company (March 1, 2013). "FORM 10-K" (PDF). Retrieved September 13, 2017.  ^ a b http://www.bnsf.com/about-bnsf/financial-information/annual-reports-and-proxy-statements/pdf/2008annrpt.pdf

External links[edit]

Corporate website

v t e

Berkshire Hathaway

Board of directors

Warren Buffett
Warren Buffett
( Chairman
Chairman
and CEO) Charlie Munger Greg Abel Howard Graham Buffett Susan Decker Bill Gates David Gottesman Charlotte Guyman Ajit Jain Donald Keough Thomas Murphy Ronald Olson Walter Scott Jr.

Insurance

Applied Underwriters Berkshire Hathaway
Berkshire Hathaway
Assurance Berkshire Hathaway
Berkshire Hathaway
Homestate Companies

Kansas Bankers Surety Company

Berkshire Hathaway
Berkshire Hathaway
Specialty Insurance BoatUS Central States Indemnity Gateway Underwriters Agency GEICO GEICO
GEICO
Marine Insurance Company Gen Re Medical Protective National Indemnity Company

GUARD Insurance

United States
United States
Liability Insurance Group

Materials and construction

Acme Brick Benjamin Moore & Co. Charter Brokerage Clayton Homes International Metalworking Companies Johns Manville Lubrizol Marmon

Marmon-Herrington Procor Union Tank Car Company

MiTek Mouser Electronics Precision Castparts Corp.

Carlton Forge Works Special
Special
Metals Timet Wyman-Gordon

Shaw Industries TTI

Furniture

CORT Business Services Jordan's Furniture Larson-Juhl Nebraska Furniture Mart RC Willey Home Furnishings Star Furniture

Apparel

Brooks Sports Fruit of the Loom

Russell Vanity Fair Exquisite Form

Fechheimer Brothers Garanimals H.H. Brown Shoe Group

Acme Boots

Justin Brands Louis

Transportation

Berkshire Hathaway
Berkshire Hathaway
Automotive Burlington Northern Santa Fe Corporation FlightSafety International Forest River Marquis Jet McLane NetJets NetJets
NetJets
Europe UTLX XTRA Lease

Food

CTB International International Dairy Queen

Dairy Queen Karmelkorn Orange Julius

Kraft Heinz The Pampered Chef See's Candies

Media

The Buffalo News Business Wire

BH Media

Newspapers

Bristol Herald Courier Culpeper Star-Exponent The Daily Nonpareil Danville Register & Bee Dothan Eagle Eden Daily News The Eagle Enterprise Ledger Grand Island Independent Hickory Daily Record Independent Tribune Jackson County Floridan Kearney Hub Martinsville Bulletin The Morning News Nelson County Times News & Record News & Messenger North Platte Telegraph Omaha World-Herald Opelika-Auburn News The Press of Atlantic City Roanoke Times Richmond Times-Dispatch Star-Herald Statesville Record & Landmark The Daily Progress The Free Lance–Star The McDowell News The News & Advance The News Herald The News Virginian The Reidsville Review Tulsa World Waco Tribune-Herald Winston-Salem Journal York News-Times

Television stations

WPLG

Jewelry

Ben Bridge Jeweler Borsheim's Fine Jewelry Helzberg Diamonds Richline Group

Scott Fetzer

Campbell Hausfeld Ginsu Kirby World Book Encyclopedia

Energy

MidAmerican Energy Company NV Energy PacifiCorp Northern Powergrid CalEnergy Generation Kern River Gas Transmission Company Northern Natural Gas HomeServices of America

Other

Duracell Oriental Trading Company

Related articles

Blue Chip Stamps Wesco Financial Owned asse

.