FORBES.COM: Berkshire buys another 2.3M shares of BNSF

Billionaire investor Warren Buffett's company has bought an additional 2.3 million shares of Burlington Northern Santa Fe Corp. stock, increasing its stake to more than 76 million shares.

Berkshire Hathaway Inc. (nyse: BRK - news - people ) controls more than 20 percent of the nation's second-largest railroad. Documents filed with the Securities and Exchange Commission show Berkshire completed its latest purchases on Friday.

Berkshire's BNSF stock is held by National Indemnity Co., one of Berkshire's insurance subsidiaries.

Berkshire owns insurance, furniture and jewelry companies, utilities and a corporate jet firm, and has major stock investments.

BNSF is based in Fort Worth, Texas.

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