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Union Pacific to acquire Norfolk Southern to create first transcontinental railroad in US
Union Pacific has signed an agreement to acquire Norfolk Southern in a stock and cash transaction, at an enterprise value of $85bn, which will result in a combined enterprise worth over $250bn. This strategic move will create the first modern transcontinental railroad in the US,
Union Pacific merger with Norfolk Southern would create a coast-to-coast rail system
Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
Union Pacific and Norfolk Southern plan to create America’s first transcontinental railroad, connecting over 50,000 route ...
(CNN) — Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 ...
Norfolk Southern has received a total of 14 ratings from analysts, with the consensus rating as Neutral. With an average ...
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