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27,000 miles (43,000 km) The Burlington Northern Railroad (reporting mark BN) was a United States-based railroad company formed from a merger of four major U.S. railroads. Burlington Northern operated between 1970 and 1995. Its historical lineage begins in the earliest days of railroading with the chartering in 1848 of the Chicago and Aurora ...
The Santa Fe–Southern Pacific merger was an attempted corporate consolidation of two of the major railroads in the Western United States at the time: the Atchison, Topeka and Santa Fe Railway and the Southern Pacific Railroad. The approximately US$ 5 billion deal (US$14.7 billion in 2023 dollars [1]) was announced in September 1983 and in ...
Website. bnsf.com. BNSF Railway (reporting mark BNSF) is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, [1] 33,400 miles (53,800 km) of track in 28 states, and over 8,000 locomotives. [2] It has three transcontinental routes that provide rail connections between the ...
Warren Buffett's Berkshire Hathaway (BRK.A) announces that it will buy the remaining stake that it does not already own in railroad giant Burlington Northern Santa Fe (BNI). The deal is valued at ...
Hill, who also had a minority interest in the Northern Pacific Railway, outbid Harriman for the Burlington, by agreeing to Burlington President Charles Elliott Perkins's $200-a-share price. Together, the Great Northern and the Northern Pacific assumed control of nearly 100 percent of the Burlington's outstanding stock.
Panic of 1901. The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan / James J. Hill for the financial control of the Northern Pacific Railway. The stock cornering was orchestrated by James Stillman and William Rockefeller 's First ...