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News

Union Pacific-Norfolk Southern deal

Reuters on MSN · 4d
Union Pacific to reshape US freight rail with $85 billion deal for Norfolk
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from grains to autos 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.
Barron's on MSN · 2d
Train Stocks Could Fare Well as Union Pacific and Norfolk Southern Merge. Picking Winners.
When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental railroad,” it puzzled some who recalled the golden spike driven in 1869 at Utah’s Promontory Summit. That last spike only connected two railroads from Omaha, Neb., to Sacramento, Calif.
4don MSN
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 ...
4d
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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