No. of Recommendations: 2
" Buffett’s Berkshire may be having thoughts about CSX, so that its $100 billion investment in BNSF isn’t left at a competitive disadvantage. Bloomberg reported Thursday that CSX had hired Goldman Sachs for advice on its future. In combination, those two railroads would rival the reach, revenue, and profit of a Union Pacific/Norfolk combo.
The J.P. Morgan analyst figures that could lead Berkshire to an offer of at least $43 a share for CSX, which currently trades for $35.50.
Write to Bill Alpert at william.alpert@barrons.com"
https://www.msn.com/en-us/money/topstocks/train-st...