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Union Pacific to buy Norfolk Southern for $85bn
The deal, which would build first coast-to-coast freight rail, could take up to two years to complete amid scrutiny.
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cnbc.com
Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal
Union Pacific said on Tuesday it would buy smaller rival Norfolk in an $85 billion deal, to create the nation's first coast-to-coast freight rail operator.
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fortune.com
Even the railroad barons never did this: an $85 billion merger stretching from coast to coast
Union Pacific is seeking to buy Norfolk Southern in a deal that would create the first transcontinental railroad, and potentially trigger a wave of rail mergers.
