Originally published Wednesday, November 4, 2009 at 1:39 PM
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Clarification: Berkshire buys Burlington story
In a Nov. 4 story, The Associated Press reported that the total value of Berkshire Hathaway's planned purchase of Burlington Northern Santa Fe Corp. was $34 billion. The story should have specified that Berkshire has agreed to pay $26.3 billion in cash and stock for the 77.4 percent of the company it doesn't now own, valuing the entire company at $34 billion.
The Associated Press
In a Nov. 4 story, The Associated Press reported that the total value of Berkshire Hathaway's planned purchase of Burlington Northern Santa Fe Corp. was $34 billion. The story should have specified that Berkshire has agreed to pay $26.3 billion in cash and stock for the 77.4 percent of the company it doesn't now own, valuing the entire company at $34 billion.
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