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Parents Burlington Northern Inc. and Santa Fe Pacific Corporation were acquired on September 22, 1995, by the new Burlington Northern Santa Fe Corporation. The merger of the operating companies was held up by issues with unions; [21] ATSF merged on December 31, 1996, into BN, which was renamed the Burlington Northern and Santa Fe Railway ...
On September 22, 1995, the Atchison, Topeka and Santa Fe Railway merged with the Burlington Northern to create the Burlington Northern Santa Fe Railway. However, the merger was not official until December 31, 1996, when a common dispatching system was established, Santa Fe's non-union dispatchers were unionized and the implementation of Santa ...
The merger had long been seen as a logical move, especially since other recent mergers had turned the Burlington Northern Railroad and the Union Pacific Railroad into much larger western railroads, with about the same annual rail revenue of Santa Fe and Southern Pacific combined, and the nation's third-largest railroad. [3]
Those include Berkshire Hathaway Energy (BHE), a utility that generates, transmits, and supplies energy; as well as major North American rail operator Burlington Northern Santa Fe.
Warren Buffett likes railroad stocks. One of his largest positions has been in Burlington Northern Santa Fe (BNI). It turns out that he likes the company so much that his Berkshire Hathaway (BRK.A ...
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 ...
On September 22, 1995, AT&SF merged with Burlington Northern Railroad to form the Burlington Northern & Santa Fe Railway (BNSF). Some of the challenges resulting from the joining of the two companies included the establishment of a common dispatching system, the unionization of AT&SF's non-union dispatchers, and incorporating AT&SF's train ...
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