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Union Pacific is set to acquire competitor Norfolk Southern to create the largest rail freight operator in the United States in a deal valued at $85 billion, according to a joint statement Tuesday.
Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant based on their current market capitalizations.
Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, in a merger ...
The Ademi Firm is investigating Norfolk Southern (NYSE: NSC) for possible breaches of fiduciary duty and other violations of law in its transaction with Union Pacific.
Union Pacific is seeking to buy Norfolk Southern in a deal valued at $85 billion in a merger that could trigger the final ...
The deal would create the first transcontinental railroad in the United States worth more than $200 billion, combining Union Pacific’s rail network in the West with Norfolk’s rails that snake ...
If approved by regulators, the proposed merger would result in the nation’s largest, transcontinental railroad company.
The cash-and-stock deal from Omaha, Neb.-based Union Pacific, values Norfolk at $320 a share, representing a 25% premium to the company's 30-trading-day volume-weighted average price on July 16, the ...
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Norfolk Southern Corporation (NYSE: NSC) to Union Pacific Corporation for 1.0 Union common share and $88.82 in cash ...
Norfolk Southern is suing American Italian Pasta Company and its former parent company Treehouse Foods over the 2022 Columbia ...
Another lawsuit that links a death to the 2023 East Palestine train derailment was recently filed in federal court. The estate of Cheryl Roush filed suit against the railroad on Monday in Youngstown’s ...
The Trump administration on Thursday sued New York City over its “sanctuary city” policies, arguing they are obstructing the ...
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