US Gives Green Light To $34B Berkshire-BNSF Deal

Law360, New York (December 7, 2009, 8:07 PM EST) -- U.S. antitrust officials have given their blessing to Berkshire Hathaway Inc.’s proposed $34 billion acquisition of railroad company Burlington Northern Santa Fe Corp., clearing away one hurdle to the controversial deal that has already come under attack by the railroad’s shareholders in several lawsuits.

The Federal Trade Commission released a notice Monday revealing that antitrust officials have completed a review of the Berkshire deal and granted a request for an early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.

While the...
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