Warren Buffett dismissed reports of Berkshire Hathaway-owned BNSF Railway working with Goldman Sachs on a takeover of a rival. The billionaire investor stated that Goldman had not contacted him or his successor, Greg Abel. Buffett emphasized his aversion to seeking advice from external bankers for deals due to their high costs. Berkshire had bought BNSF in 2011 for $26.5 billion.

Read more at CNBC: Warren Buffett knocks down reports that Berkshire’s BNSF taps Goldman for a railroad takeover