Buffett's BNSF buyout was a "brilliant" move, says Ward

04/15/2010 | Bloomberg

CSX CEO Michael Ward offered kudos to investor Warren Buffett for his "brilliant" purchase of Burlington Northern Santa Fe. "We've been talking about the rail renaissance for a number of years," said Ward. "I think Mr. Buffett, after we talked about it for three or four years, finally agreed with us." Buffett's Berkshire Hathaway bought BNSF in February for $26 billion.

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