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The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...
Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
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Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter GrowsSpeculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
CSX Corp. is working with Goldman Sachs Group Inc., people familiar with the matter said, as the company explores options to ...
Reuters on MSN11d
BNSF Hires Goldman, CSX Seeks Bankers as Union Pacific Sparks Rail M&A Race, Sources Say(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
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BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...
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