Burlington Northern Santa Fe Corporation

Type	Public (NYSE: BNI)
Founded	1993
Headquarters	Fort Worth, Texas, USA
Key people	Matthew K. Rose, Chairman, CEO, & President[1]
Industry	Rail transport
Revenue	▲$18.018 billion USD (2008)
Net income	▲$2.115 billion USD (2008)
Employees	40,000 (2009)
Website	http://www.bnsf.com/

Burlington Northern Santa Fe Corporation (NYSE: BNI) is the parent company of the BNSF Railway (formerly the Burlington Northern and Santa Fe Railway).

The corporation was incorporated in 1993 to facilitate the merger of Burlington Northern, Incorporated, parent of the Burlington Northern Railroad, and Santa Fe Pacific Corporation, which owned the Atchison, Topeka and Santa Fe Railway (Santa Fe). ^[2]The corporate merger was consummated on September 22, 1995 at which point shareholders of the previous companies became shareholders of BNSF and the two companies became wholly owned subsidiaries of BNSF. ^[3]In December 1996, the two holding companies and two railroads were formally merged, and in January 1998 the remaining intermediate holding company was folded into the railroad.

Robert D. Krebs of Santa Fe Pacific was president of BNSF from the merger until 1999, chief executive from the merger until 2000, and chairman from 1997 until 2002. He was succeeded in all three positions by Matthew K. Rose.

On November 3, 2009 Warren Buffett's company Berkshire Hathaway made a $34 billion offer to buy all outstanding shares of the Burlington Northern Santa Fe.^[4] If consummated, it would be the largest acquisition in the company's history. Berkshire already owned 22 percent of the railroad. ^[5][6]

[edit] References

[edit] External links

• Corporate website

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