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BNSF working with Goldman to explore rail acquisition, Semafor says

BNSF, Berkshire Hathaway’s (BRK.B) (BRK.A) (BRK.A, BRK.B) railroad, is working with Goldman Sachs (GS) to explore the takeover of a rival, Rohan Goswami of Semafor reports, citing people familiar with the matter. The website says it is not clear whether BNSF is look at acquiring Norfolk Southern (NSC) or the other East Coast carrier, CSX (CSX). Union Pacific (UNP) is pursuing a takeover of Norfolk, Semafor reported last Thursday. Shares of CSX are up 4% to $35.88 in premarket trading following the report while Norfolk is up 1% to $280.51.

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