Why does Buffet purchasing the Burlington Railroad Company mean that his...

DartL

New member
...Class-B shares of BK have to split? He bought the company known as Burlington Northern Santa FE (BNI). He invested a lot of money into it, known as "going long on America". Why does this mean that his Class-B shares of stock must be listed on the S&P 500? Does it have to do with financing his investment by splitting shares, and somehow getting extra capital to increase investment cash flows?
 
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