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CSX ‘s potential merger talks stall as BNSF and CPKC decline

Union Pacific – Norfolk Southern deal faces long federal review

Warren Buffett rules out Berkshire Hathaway buying another railroad

Investors pressure CSX leadership to boost growth or seek deals

The prospects for additional consolidation in the rail industry derailed this week when both of CSX’s potential partners said they weren’t interested in a deal.

Investors widely speculated that CSX would be an acquisition target once rumors of merger talks between Union Pacific and Norfolk Southern emerged over the summer, because of the challenge of competing against a nationwide railroad.

CSX’s stock nearly hit a new 52-week high last week at $37.25 before falling to $32.31 Tuesday after it became clear t

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