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Berkshire Isn’t in Market for Railroad Deal, Buffett Says (1)
Warren Buffett ’s Berkshire Hathaway Inc. isn’t in the market for a deal to buy a competing railroad. Buffett told CNBC on Monday that he met with the CSX Corp. chief executive officer earlier this month to discuss cooperation, while indicating he wouldn’t make a bid for CSX. A Berkshire spokesperson confirmed the comments.
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 shares are trading lower Monday after reports indicating the company and Burlington Northern Railroad have not held ...
Shares of CSX fell about 5 per cent after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
Warren Buffett has requested confidentiality in a new Berkshire Hathaway position. Will investors find out the stock Thursday ...
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 ...
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