
A NEW IDEA ON RAILROAD CSX — BUYOUT TARGET
By Nigam Arora
CSX is a railroad. CSX has become a buyout target. There is scarcity value. The two prime buyers are Burlington Northern and Canadian Pacific (CP).
You may recall that another railroad KSU was in the Arora Portfolio and was bought out by Canadian Pacific. KSU became the 163rd Arora Portfolio company to be bought out. CP is still being held in the portfolio that surrounds the Core Model Portfolio.
Burlington Northern is owned by Warren Buffett’s BRK.B. Buffett has said he is not interested in buying CSX.
The news is that CSX has replaced its CEO Joe Hinrichs with Steve Angel. … Please click here or the title below to read more.