Buffett buys multi-billion dollar railroad

Berkshire Hathaway, the investment vehicle of Warren Buffett, is buying the 77.4 percent of the railroad company Burlington Northern that it doesn’t already own. The deal is being valued at $34 billion, making it the largest deal in Berkshire history. Joining us to talk about the billion-dollar deal is Michael de la Merced, from our partners at The New York Times.