Burlington Resources Buys Interest in Developer
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Burlington Resources, a newly formed subsidiary of Burlington Northern, has acquired a controlling interest in New Mexico & Arizona Land Co.
According to a filing with the Securities and Exchange Commission, Burlington Northern’s board decided to transfer its shares to Burlington Resources on May 26.
Burlington Resources is a holding company for all of Burlington Northern’s natural resource and energy activities. New Mexico & Arizona Land is a Phoenix-based land and natural resources developer.
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