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News

Union Pacific, Norfolk Southern

Bloomberg on MSN · 59m
Union Pacific to Buy Norfolk Southern in $85 Billion Deal
Union Pacific Corp. agreed to acquire Norfolk Southern Corp. in a cash-and-stock transaction valued at $85 billion, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever.
Barron's on MSN · 35m
Norfolk Merging With Union Pacific for $320 a Share. The Early Deal Spread Is Huge.
Tuesday, railroad Norfolk Southern announced second quarter earnings and, more importantly, a plan to merge with Union Pacific.
U.S. News & World Report · 44m
Union Pacific Announces Bid for Norfolk Southern to Create Transcontinental Railroad
Union Pacific offers $20 billion cash and one share of its stock to buy Norfolk Southern Tuesday in a merger that could trigger the final wave of railroad mergers across the country
4don MSN
Union Pacific Stock Is Rising on Earnings Beat. Why M&A Is on Investors’ Minds.
The railroad reported a strong second quarter. Mergers and acquisitions in the sector have been in headlines as of late.
7d
Berkshire-owned BNSF taps bankers for its own rail acquisition
Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...

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