Report: Goldman Sachs Advising BNSF on Potential Merger

BNSF is reportedly also eyeing a major railroad merger, but Buffett throws some cold water

According to reporting by Semafor, Berkshire’s BNSF is eyeing its own major railroad consolidation plan....

Berkshire Hathaway May Join Railroad Merger Party; CSX Deal?

Berkshire Hathaway may follow Union Pacific's lead in pursuit a cost-to-coast railroad merger. CSX is a likely target.

Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover

The 94-year-old billionaire investor told CNBC's Becky Quick on the phone that no one from Goldman had talked to him or Greg Abel.

Report: Goldman Sachs advising BNSF on potential merger

BNSF Railway hotshot Z-WSPSBD3-04 rolls west through the Rose Hill, Kan., crossovers on Dec. 5, 2024, at what used to the be the west end of Rose Hill siding. Keel Middleton News reports say that BNSF Railway has hired Goldman Sachs to advise it about a potential rail merger. Semafor, an online publication, reported this evening that BNSF has engaged Goldman Sachs in the wake of Union Pacific working with Morgan Stanley regarding potential merge…

BNSF Railway Taps Goldman Sachs for Railroad Acquisition, Sources ...

Berkshire-owned BNSF taps bankers for its own rail acquisition

The ScoopBNSF, the railroad giant owned by Warren Buffett’s Berkshire Hathaway, is working with Goldman Sachs to explore a takeover of a rival, according to people familiar with the matter.Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, which would create the country’s only coast-to-coast railroad and leave BNSF at a disadvantage. (Both Union Pacific and Berkshire are headq…