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Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
Berkshire might see a bid for CSX as a defensive maneuver if its chief rival, Union Pacific, seeks to create a ...
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Sourcing Journal on MSNBNSF Tied to Possible CSX Takeover as US Rail Merger Chatter Grows
Speculation 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.
An industrials research analyst with Edward Jones, told the Jacksonville Business Journal that while President Donald Trump’s ...
CSX's Q2 earnings showed a 3% revenue decline, pressured by lower fuel surcharges and weak volumes. Find out why I rate CSX ...
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...
(Reuters) -BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union ...
Some are concerned about the potential for a merged rail conglomerate, as it "would also reduce competition in an already ...
CSX railroad’s CEO signaled he would be open to merger conversations if a deal would boost shareholder value and help the ...
On an adjusted basis, it reported a profit of 44 cents per share, above the analysts' average estimate of 42 cents per share, ...
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