Tag Archives: railroad

Exclusive | Railroad Operator Union Pacific Exploring Deal for Norfolk Southern  The Wall Street Journal S&P 500 Giant Union Pacific Eyes CSX, Northfolk Southern For Transcontinental Line  Investor’s Business Daily Exclusive / Union Pacific has hired bankers for a possible railroad bid  Semafor Union Pacific Explores Deal for Norfolk Southern, WSJ Says  Bloomberg.com Rails blockbuster: Union Pacific may be looking to acquire CSX or …

Union Pacific would need multiple regulatory approvals for either acquisition, providing a high-profile test of the Trump administration’s appetite for mergers. The first step would be the blessing of the Surface Transportation Board, whose Republican chair has privately expressed an openness to a transcontinental merger, Semafor reported in June. It would also have to pass muster with the Justice Department, …