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NEW YORK, Nov 3 (Reuters) - Shares of U.S. rail companies rallied in premarket trading on Tuesday, after Berkshire Hathaway agreed to buy Burlington Northern Santa Fe for $100 per share in cash and stock. Burlington shares surged 28 percent to $97. Among the company's peers, Union Pacific gained 8.1 percent to $59.50, CSX Corp was up 8.5 percent to $46.50 and the iShares Dow Jones Transportation Average ETF climbed 1.4 percent to $65.15. (Reporting by Ryan Vlastelica. Editing by W Simon ) Keywords: MARKETS STOCKS BEFORETHEBELL (ryan.vlastelica@thomsonreuters.com; Tel: +1 646-223-6014; Reuters Messaging: ryan.vlastelica@reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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