Kendall Law Group Investigates the Burlington Northern Acquisition for Shareholders

DALLAS, Nov 03, 2009 (BUSINESS WIRE) -- Kendall Law Group, founded by a former federal judge, is investigating the proposed acquisition of Burlington Northern Santa Fe Corp. (NYSE:BNI) by Berkshire Hathaway. Under the terms of the agreement, Berkshire Hathaway will purchase the shares of BNI that it does not currently own for $100 a share. Berkshire Hathaway already owns 23 percent of BNI.

Former federal judge Joe Kendall said that the "investigation concerns whether the consideration to be paid to BNI shareholders is grossly unfair, inadequate, and substantially below the fair or inherent value of BNI." Also, the investigation will focus on whether certain members of BNI's Board of Directors may have breached their fiduciary duties by not acting in BNI shareholders' best interests in connection with the sale process of BNI.

If you are a current holder of BNI and would like additional information concerning this proposed transaction, including your rights, contact Hamilton Lindley at 877-744-3728 or by email at [e-mail].

Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former United States Attorney, federal judicial law clerks, a former state and federal judge in addition to experienced securities lawyers.

SOURCE: Kendall Law Group CONTACT: Kendall Law Group LLP Hamilton Lindley, 214-744-3000 877-744-3728 Toll Free 214-744-3015 Facsimile [e-mail] www.kendalllawgroup.com Copyright Business Wire 2009 -0- KEYWORD: United States

North America

Texas INDUSTRY KEYWORD: Transport

Rail

Professional Services

Legal SUBJECT CODE: Lawsuit

Merger/Acquisition