Tag Archives: megamerger

America’s first transcontinental freight railroad is planned after a megamerger

America’s first transcontinental freight railroad is planned after a megamerger

Facebook Tweet Email Link Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad. The stock and cash deal would be the largest ever in a sector that has already massively consolidated in recent decades. The deal still needs …

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