Berk­shire Hath­away sells two rail­roads

Austin American-Statesman - - BUSINESS -

OMAHA, NEB. — War­ren Buf­fett’s com­pany has sold two short-line rail­roads it re­cently dis­cov­ered it owned to sat­isfy reg­u­la­tors who might have re­viewed Berk­shire Hath­away’s 2010 ac­qui­si­tion of the Burling­ton North­ern Santa Fe rail­road if they had known about the short-line rail­roads.

Berk­shire told the Trans­porta­tion De­part­ment’s Sur­face Trans­porta­tion Board this month that it had com­pleted the sale of both rail­roads ahead of sched­ule.

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