Berkshire Hathaway Deal for CSX Looks More Likely After Blockbuster Norfolk Southern-Union Pacific Railroad Merger - Barron's
1. Union Pacific's $85 billion deal boosts odds for Berkshire to acquire CSX. 2. A CSX deal could exceed $80 billion, impacting BRK.B positively. 3. Berkshire holds over $330 billion cash, enabling a substantial acquisition. 4. Investors eager for Berkshire to utilize cash for strategic growth opportunities. 5. Buffett's decision on CSX is awaited; he historically is cautious on pricing.