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CSX shares fall after Buffett shuts down talk of Berkshire railroad merger
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that Berkshire’s rail unit BNSF would acquire the rival railroad operator. A representative for Berkshire later confirmed Buffett’s remarks.
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX. The post Buffett: ...
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Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services
Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes ...
CSX stock fell as much as 6.5% after Berkshire Hathaway’s Buffett denied rumors of potential railroad acquisitions, ending ...
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CSX railroad’s merger prospects derail as BNSF and CPKC make clear they aren’t interested in a deal
The prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said ...
The main rail company serving southwest Missouri says it’s not entertaining the possibility of merging with another railroad.
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
CSX ( NASDAQ: CSX) remains open to an approach from Warren Buffett's ( NYSE: BRK.B) BNSF, but no offer has been made, ...
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Buffett's comments come after Berkshire Hathaway's BNSF Railway and CSX announced a partnership to provide new coast-to-coast ...
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