Parsad Posted September 30, 2012 Share Posted September 30, 2012 Berkshire owns majority stakes in two other railroads other than BNSF, through Marmon and Mid-American. Cheers! http://www.joc.com/class-i-railroads/stb-orders-berkshire-hathaway-divest-two-railroads Link to comment Share on other sites More sharing options...
LC Posted September 30, 2012 Share Posted September 30, 2012 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 :) Link to comment Share on other sites More sharing options...
Rabbitisrich Posted September 30, 2012 Share Posted September 30, 2012 19 miles? There's meticulous, and there's a waste of time. This is something that can happen with loosely consolidated conglomeration in a high regulation regime. Link to comment Share on other sites More sharing options...
Parsad Posted October 2, 2012 Author Share Posted October 2, 2012 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 Link to comment Share on other sites More sharing options...
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