Berkshire Hathaway's BNSF and Canadian Pacific Kansas City rejected near-term rail industry consolidation.

1 report, 1 independent Updated Aug 27

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Berkshire Hathaway Canadian Pacific Railway

Keep exploring

Part of

CPKC's acquisition of Kansas City Southern is under regulatory review, alongside new operational agreements between CPKC, CSX, and BNSF. All 2 developments

The entities involved

Berkshire Hathaway
American multinational conglomerate holding company
- Warren Buffett concentrates his investments within the Berkshire Hathaway conglomerate.Thu 19:49
- Berkshire Hathaway is increasing its equity stake in Alphabet (Google) and maintains a large holding in Apple.Thu 05:02
Canadian Pacific Railway
Class I railroad in Canada and U.S.
- Railroads are transporting petroleum to regional processing hubs.16:40

Coverage

Newest first; wire copies grouped

Aug 27ReutersAnalysis-Canadian Pacific joins Buffett in rejecting railroad consolidation, narrowing merger prospects By Sabrina Valle NEW YORK (Reuters) -Two major rail operators have taken themselves out of the