Union Pacific, Merger
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OMAHA, Neb. (AP) — Union Pacific delivered 7% growth in its third-quarter earnings Thursday as its CEO continues to make the case for the potential benefits of acquiring one of the railroad’s eastern rivals.
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Money is ruthless. The genius of compound returns vivifies the previous truth. The costs associated with a lack of returns are enormous. This is something to think about as railroad giants Union Pacific and Norfolk Southern work to complete their $85 ...
Union Pacific and Norfolk Southern have agreed to a merger to create a rail giant valued at more than $200 billion. Union Pacific would acquire Norfolk in the deal, giving Norfolk shareholders one Union Pacific share and $88.82 in cash for each Norfolk ...
The proposed merger on Tuesday of Union Pacific and Norfolk Southern would create the first coast-to-coast railroad in the United States that would be controlled by a single entity. The deal, valued at $85 billion, plans to connect 50,000 miles of tracks ...