Tag Archives: Railway

Breakingviews – Railway mega-deal would require heavy engineering  Reuters Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says  AP News Exclusive | Railroad Operator Union Pacific Exploring Deal for Norfolk Southern – WSJ  The Wall Street Journal Potential Rail Merger Could Prompt Berkshire Hathaway to Bid for CSX  Barron’s Potential UP-NS tie-up would cause major shift in US intermodal market  Journal …

A multibillion-dollar rail merger may be chugging closer. Union Pacific (UNP) is in talks to acquire Norfolk Southern (NSC), The Wall Street Journal reported late Thursday, citing people familiar with the matter. The deal would merge companies with a combined market value of roughly $200 billion, based on Visible Alpha data. The report set both companies’ shares in motion, with …