{"id":309320,"date":"2010-02-11T12:50:00","date_gmt":"2010-02-11T17:50:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-5341516755000226804"},"modified":"2010-02-11T12:53:35","modified_gmt":"2010-02-11T17:53:35","slug":"rtt-news-burlington-shareholders-approve-sale-to-berkshire-quick-facts","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/309320","title":{"rendered":"RTT NEWS: Burlington Shareholders Approve Sale To Berkshire &#8211; Quick Facts"},"content":{"rendered":"<p><!-- AddThis Button BEGIN --><span style=\"color:gray;\">2\/11\/2010 11:00 AM ET<\/span><\/p>\n<p>(RTTNews) &#8211; Burlington Northern Santa Fe Corp. (BNI: <a href=\"http:\/\/www.rttnews.com\/SymbolSearch.aspx?Symbol=BNI\" runat=\"server\" style=\"text-decoration: none;\">  News <\/a>) said Thursday that its shareholders have voted in favor of the company&#8217;s acquisition by Berkshire Hathaway Inc. (BRK.A, BRK.B).<\/p>\n<p>Preliminary results show that about 70% of Burlington Northern Santa Fe issued and outstanding shares not owned by Berkshire or its affiliates were voted in favor of the deal, above the 66-2\/3% required. Additionally, holders of at least a majority of the issued and outstanding shares of Burlington Northern Santa Fe voted in favor.<\/p>\n<p>The deal is expected to close on February 12.<\/p>\n<p>In early November, Berkshire Hathaway agreed to buy the remaining 77.4% of Burlington Northern Santa Fe that it does not already own for $100 per share in cash and stock. Based on the number of outstanding Burlington shares, including shares currently owned by Berkshire, on Nov. 2, the deal is valued at about $44 billion, including $10 billion of outstanding Burlington debt. The deal has since received U.S. antitrust clearance.<\/p>\n<p><a href=\"http:\/\/alerts.rttnews.com\/register.jsp\" >Click here<\/a> to receive FREE breaking news email alerts for  Burlington Northern Santa Fe Corp and others in your portfolio<\/p>\n<p>by RTT Staff Writer<\/p>\n<p class=\"textBodyBlack\"><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/><a href=\"http:\/\/shareinvestornz.blogspot.com\/2007\/02\/new-zealand-business-news.html\">Share Investor New Zealand Business News<\/a>&#8211; Get more business news<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<br \/><a href=\"http:\/\/www.currency-market.blogspot.com\/\">Share Investor&#8217;s Daily Forex Updates<\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0060555661\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41rcIrKhYiL._SL75_.jpg\" alt=\"The Intelligent Investor: The Definitive Book on Value Investing. 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(BNI: News ) said Thursday that its shareholders have voted in favor of the company&#8217;s acquisition by Berkshire Hathaway Inc. (BRK.A, BRK.B). Preliminary results show that about 70% of Burlington Northern Santa Fe issued and outstanding shares not owned by Berkshire or its affiliates [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-309320","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/309320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=309320"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/309320\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=309320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=309320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=309320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}