Friday, January 15, 2010

Berkshire Hathaway Splitting 50-for-1

Warren Buffett has decided to split the Berkshire Hathaway B shares (BRK-B) by 50 to 1, in order to streamline the transition of the takeover of Burlington Northern Santa Fe Corp. (BNI). The split is expected to take place next week. The Berkshire Hathaway A shares (BRK-A) will not change and are currently trading at $97,500 per share.

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