In an interview on CNBC’s Mad Money, Joe Hinrichs said CSX (CSX) has had talks with BNSF, but it has not made a buyout offer. He reiterated that CSX is open to all options to improve shareholder value.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX:
- Berkshire Hathaway (BRK.B) Has No Plans to Buy Another Railroad, Says Warren Buffett
- CSX drops 6% to $32.57 after Buffett comments to CNBC on rail deal
- Buffett tells CNBC not in market to buy train company
- CSX down after Buffett tells CNBC not in market to buy train company
- Buffett tells CNBC Berkshire not in market to buy train operator