US EditionTrump Backs Monumental Rail Merger: Union Pacific’s $85 Billion Bid
Union Pacific aims to create a coast-to-coast freight rail network through an $85 billion acquisition of Norfolk Southern, with approval expected by 2026 and union support covering 46% of employees.
7 Articles
7 Articles
Trump Backs Monumental Rail Merger: Union Pacific’s $85 Billion Bid
Trump Backs Monumental Rail Merger: Union Pacific’s $85 Billion Bid In a significant development, Union Pacific Corp CEO Jim Vena held discussions with U.S. President Donald Trump in the Oval Office, seeking support for the company's ambitious $85 billion takeover of Norfolk Southern Corp. The merger, which aims to create the largest single-line rail network in the United States, marks a pivotal moment in the industry.The proposed merger, unveil…
Trump, Union Pacific CEO Discussed $72 Billion Acquisition of Norfolk Southern
Union Pacific Corp.’s chief executive officer discussed the railroad’s proposed $72 billion acquisition of rival Norfolk Southern Corp. with President Donald Trump as the company seeks regulatory approval for the deal.
Union Pacific CEO meets with Donald Trump about $85 billion Norfolk takeover plan
Support for the White House could speed up the long regulatory review process despite the resistance of rivals and opposition of concerned freight contractors to reduce competition
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