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Union Pacific offers $20 billion cash and one share of its stock to buy Norfolk Southern Tuesday in a merger that could ...
Union Pacific Corp. is nearing an agreement for a stock-and-cash deal for Norfolk Southern Corp. that would value the smaller ...
While Union Pacific is double the size, Norfolk Southern operates the 960-acre Brosnan Yard in downtown Macon.
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The move would create America's first coast-to-coast freight railway and involves two of the biggest players in the US rail ...
(Reuters) -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 ...
Union Pacific’s $85B bid for Norfolk Southern faces regulatory and labor hurdles, but some see upside in this high-stakes merger arbitrage opportunity.
The speculation follows reports that Union Pacific is weighing a bid for Norfolk Southern, its East Coast rival. Norfolk Southern shares rose 2.5% Thursday, while CSX fell 0.3%. Union Pacific dipped 1 ...
Either deal, should Union Pacific move ahead, would be large — CSX is valued at $62 billion, Norfolk Southern at $58 billion — and create the country’s first coast-to-coast carrier.
A new BNSF bid for Norfolk would be much like Union Pacific Corp.'s (UNP) efforts in the 1990s to "provide a competitive bid when the Burlington Northern and Santa Fe were merging," Rose commented ...