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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.
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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 ...
Investor Warren Buffett said BNSF parent Berkshire Hathaway won’t bid for Norfolk Southern or CSX. The post Buffett: ...
CSX shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
Warren Buffett told CNBC that he's not interested in buying any train company. Buffett said he and Greg Abel met with CSX CEO ...
The decline followed comments from Buffett to CNBC’s Becky Quick, stating that Berkshire Hathaway is "not in the market to buy a train company." Buffett specifically indicated that bids for Union ...
(Reuters) -Berkshire Hathaway is not in the market to buy a train company, CEO Warren Buffett said to CNBC on Monday. The ...
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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