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WASHINGTON, July 29 (Reuters) - Union Pacific's (UNP.N), opens new tab proposed purchase of smaller rival rail operator Norfolk Southern (NSC.N), opens new tab will need to be approved by the Surface ...
The proposed merger, announced Tuesday, would marry Union Pacific’s vast rail network in the West with Norfolk’s rails that snake across 22 Eastern states, and the District of Columbia.
The proposed merger on Tuesday of Union Pacific and Norfolk Southern would create the first coast-to-coast railroad in the United States that would be controlled by a single entity. The deal, ...
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad ...
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
The deal will face lengthy regulatory scrutiny amid union concerns over potential rate increases, service disruptions and job ...
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.