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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.

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FAQ

Why Bullish?

The potential acquisition of CSX could enhance Berkshire's competitive edge. Historical acquisitions have often resulted in positive market reactions for Berkshire.

How important is it?

The article discusses a major potential acquisition that could influence investor perceptions of BRK.B significantly.

Why Long Term?

If a deal occurs, it may take 18 months to finalize. Long-term benefits could arise from increased market competitiveness and revenue synergies.

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