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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 ...
Speculation follows reports of Union Pacific's pursuit to acquire Norfolk Southern, suggesting wider industry consolidation.
Now that Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have confirmed they are in advanced merger talks, all eyes are on CSX (NASDAQ:CSX) and whether it might also consider a merger.
BNSF Railway could target Jacksonville-based CSX in a takeover bid. After reports that western railroad company Union Pacific Corp. is interested in buying eastern rail company Norfolk Southern Corp., ...