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STB Orders Berkshire to Divest Itself of Two Railroads


Parsad
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Interesting...before the question is asked, I personally doubt WB or CM were unaware of these holdings given their meticulous personalities.

 

Thanks for posting Parsad. I was emailed this article from a family member who works  closely with the Journal of commerce as well, so good on you for beating me to the punch :)

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Looks like Berkshire actually contacted the STB regarding the two small railroads, and said that they had been overlooked.  Berkshire will sell them by the end of the year.  STB should actually thank Berkshire for coming forward and correcting the oversight, since the STB did not notice anything when the BNSF deal was consummated.  Cheers!

 

http://finance.yahoo.com/news/berkshire-hathaway-selling-2-short-150233989.html

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