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BRIEFLY

Burlington said it will write off $1.19 billion.

July 11, 1986

The Seattle-based parent of the nation's biggest railroad said it will take the charge against second-quarter earnings in a restructuring that reflects the depressed value of its oil and gas properties. Burlington Northern did not give specific figures, saying they will be released later this month. Oil and gas properties have declined sharply in value because of lower energy prices.

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