Union Pacific Explores Acquisition of Norfolk Southern Amid Industry Mergers

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Source: Barron's
Union Pacific Explores Acquisition of Norfolk Southern Amid Industry Mergers
Photo: Barron's
TL;DR Summary

A potential merger between Union Pacific and Norfolk Southern could prompt Berkshire Hathaway to bid for CSX as a strategic move to prevent a transcontinental railroad monopoly, leveraging its substantial cash reserves for a significant acquisition, which could be a capstone deal for Warren Buffett's career.

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