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News

Union Pacific, Norfolk Southern

The New York Times · 2d
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.
Associated Press News on MSN · 2d
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.
Barron's on MSN · 12h
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.
3don MSN

Union Pacific to buy Norfolk Southern in $85 billion deal

Union Pacific Corp. agreed to acquire Norfolk Southern Corp. in a cash-and-stock transaction valued at $85 billion, forming a ...
2d

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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