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News

Union Pacific-Norfolk Southern deal faces regulatory review

Associated Press News on MSN · 4d
Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across the country.
The New York Times · 4d
Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Reuters on MSN · 2d
Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
By David Shepardson WASHINGTON (Reuters) -Senate Democratic leader Chuck Schumer on Thursday criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal that would create the first U.
3d

Union Pacific To Acquire Norfolk Southern in $85 Billion Deal

Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail ...
3d

Union Pacific: Norfolk Purchase Brings Long-Term Benefits, Near-Term Uncertainty

Union Pacific's $320/share bid for Norfolk Southern aims to form the first transcontinental railroad. Read the full analysis ...

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