A new agreement between two railroad giants, Union Pacific Corporation and Norfolk Southern Corporation, will create America’s first transcontinental railroad, to be called the Union Pacific ...
The vast majority of shareholders for Union Pacific and Norfolk Southern voted on Friday to support the $85 billion merger that would transform the two companies into a transcontinental railroad titan ...
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Union Pacific postpones merger filing, CPKC warns of two-railroad future
The filing setback comes as UP racks up tens of millions in merger costs and faces opposition from rivals and trade groups concerned about consolidation.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Under the agreement, train and ...
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As fans of “The Gilded Age” know, great fortunes were made by building railroads across the width of the USA. Chicago, of course, was the epicenter of all that. Celebrities going from New York to ...
Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, implying a value for Norfolk Southern of $320 per share based on Union Pacific’s ...
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