Warren Buffett Denies Berkshire Hathaway Rail Merger Talks

Report on BNSF Merger Denied

• 📰 A report from Semiford suggested that Berkshire Hathaway's railroad, BNSF, was exploring a takeover of a rival railroad, working with Goldman Sachs.
• ❌ Warren Buffett has directly denied this report, stating that neither he nor Greg Abel have spoken with Goldman Sachs regarding such a merger.

Berkshire Hathaway's Stance

• 📞 Buffett confirmed he spoke with Greg Abel, who also had no contact with Goldman Sachs.
• 💡 Berkshire Hathaway would not seek external advice from Goldman Sachs for a decision of this magnitude.
• 🚫 The company is not working with Goldman Sachs to explore options for BNSF or to acquire a competitor.
• ❓ It's possible a Goldman Sachs representative may have contacted someone else within Berkshire or another entity, perhaps with a different sales objective.