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Author: bigshan   😊 😞
Number: of 48466 
Subject: Re: Todays Barron's, Buffett moves on from buy and hol
Date: 02/21/2023 6:54 PM
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<Under the terms of Tuesday's deal, Berkshire will pay about $100 for each Burlington Northern share, a price comprised of about 60 percent in cash and 40 percent in stock.
....
As part of the deal, Berkshire will split its class B shares 50-to-1 to help pay for the acquisition. It is an unusual move for Mr. Buffett, who has long said he did not like stock splits. Most of the stock component in the deal, however, will be in Berkshire class A shares.
>

https://archive.nytimes.com/dealbook.nytimes.com/2...

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