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Buffett: Berkshire will not bid for CSX or Norfolk Southern
BNSF Railway wants to date CSX — but has no interest in getting married. Five days after Union Pacific announced its $85 billion deal to acquire Norfolk Southern, Berkshire Hathaway Chairman Warren Buffett and CEO designate Greg Abel told CSX CEO Joe Hinrichs that they would not bid for the Eastern railroad.
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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 ...
The main rail company serving southwest Missouri says it’s not entertaining the possibility of merging with another railroad.
Warren Buffett is a kingmaker in a lot of ways. If one of his funds at Berkshire Hathaway (BRK.A) takes a stake in a company, ...
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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 ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
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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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