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flag CSX stock drops after Warren Buffett confirms no merger plans with Berkshire Hathaway.

flag CSX Corporation's stock fell 5.12% after Warren Buffett confirmed Berkshire Hathaway has no plans to acquire CSX or another railroad company. flag This clarification followed weeks of speculation about a potential merger between CSX and BNSF, a subsidiary of Berkshire Hathaway. flag Despite the stock drop, Buffett and CSX's CEO discussed increased cooperation between their companies. flag CSX shares slightly recovered in after-hours trading.

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