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Warren Buffett Buys Stake in Pipeline Company on Same Day as North Dakota Oil Train Explosion

Steve Horn | Posted 03.04.2014 | Green
Steve Horn

On the same day a BNSF oil train derailed and exploded in Casselton, North Dakota, Warren Buffett -- owner of holding company giant Berkshire Hathaway, which owns BNSF -- bought a major stake in pipeline logistics company Phillips Specialty Products Inc.