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Buffett shoots down talk of Berkshire railroad merger, CSX shares slide

Shares of CSX fell 5% on Monday after Buffett told CNBC he was not interested in a merger, dousing investor hopes that ...
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Warren Buffett Quashes BNSF-CSX Merger Rumors as Railroads Roll Out Coast-to-Coast Services

Buffett met CSX CEO Joe Hinrichs on Aug. 3 to discuss more cooperation between the railroads, which are establishing routes linking Charlotte and Jacksonville to Southern California.