Buffett Refutes Berkshire Hathaway's Interest in Railway Company Acquisition
2025-08-26 / Read about 0 minute
Author:小编   

Warren Buffett has clarified that Berkshire Hathaway does not intend to acquire a railway company. Earlier, market rumors circulated that its subsidiary, BNSF, was in discussions with CSX about forming a transnational railway, which caused CSX's share price to decline. Additionally, the announcement of an $85 billion merger proposal between Union Pacific Railroad and Norfolk Southern Railway has fueled speculation about mergers and acquisitions within the railway industry. However, Buffett emphasized that while discussions with CSX have indeed occurred, there are currently no plans for any acquisition.