NU Online News Service, Nov.5, 3:34 p.m.EST
Berkshire Hathaway and its insurance subsidiaries, includingGEICO, have been placed on Rating Watch Negative over its plans tobuy Burlington Northern Santa Fe railroad, Fitch Ratings said.
Berkshire announced Tuesday that it had entered into adefinitive agreement with Burlington Northern to acquire the 77percent of the railroad's shares it does not already own inexchange for cash or Berkshire shares.
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