Stock sales revealed that help to fund railroad purchase

Warren Buffett's Berkshire Hathaway sold a small stake in Travelers as part of a share sell-off to help fund it $27bn buyout of the Burlington Northern Santa Fe railroad, Dow Jones reports.

Berkshire Hathaway also cut its stake in Kraft Foods, which Buffett criticised for its takeover of Cadbury in the UK, Johnson & Johnson, Proctor & Gamble and ConocoPhillips.

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