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Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.
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.
A low valuation doesn't inherently mean a stock is worth buying, but it certainly doesn't hurt the bullish case.
Railroad operator Union Pacific has said it is in “advanced discussions” with rival Norfolk Southern over a possible megamerger, which could create a transcontinental US railway valued at more than ...
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Warren Buffett's Next Big Buy? Why This Beaten-Down Blue Chip Stock Fits His Playbook Perfectly.
Warren Buffett's Next Big Buy? Why This Beaten-Down Blue Chip Stock Fits His Playbook Perfectly.
Union Pacific said it’s in talks to acquire Norfolk Southern as the dynamic of FOMO in dealmaking is shaping the American ...
According to Oliver Wyman, a consultancy, the share of intermodal goods in America that travel by rail on journeys longer ...
A consolidation of Union Pacific and Norfolk Southern would require regulatory approval and put pressure on rivals including ...
A merger between Norfolk Southern and Union Pacific would create a coast-to-coast rail operator, something that doesn’t exist in the US.
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