Berkshire Hathaway, led by CEO Warren Buffett, is gaining momentum in its pursuit of CSX after a major merger deal involving Union Pacific and Norfolk Southern Railroad was announced. The $85 billion merger will create the first transcontinental railroad, significantly boosting Union Pacific’s capabilities. With this development, Berkshire Hathaway is now more likely to consider acquiring CSX, one of North America’s largest railroads.
Source: https://www.barrons.com/articles/warren-buffett-berkshire-hathaway-csx-norfolk-southern-union-pacific-7ccb7ccc