News
Rail regulator accepts revised Norfolk Southern-Union Pacific rail merger application
23+ hour ago (290+ words) The Surface Transportation Board has unanimously accepted Union Pacific and Norfolk Southern's merger application for consideration after finding the rail companies' second attempted application sufficient, kicking off a formal review of the proposed deal. The three-member panel decided to allow…...
Union Pacific, Norfolk Southern file merger application, kicking off federal review
5+ mon, 1+ week ago (721+ words) Rail giants Union Pacific and Norfolk Southern on Friday filed a nearly 7, 000-page application to the Surface Transportation Board seeking approval for a merger that would create the first coast-to-coast railroad company." The press release says the filing "provides comprehensive…...
Investors vote in favor of Union Pacific-Norfolk Southern merger
6+ mon, 2+ week ago (297+ words) Union Pacific and Norfolk Southern shareholders have overwhelmingly voted to move forward with a proposed merger, both companies announced Friday. Nearly ninety-nine percent of Norfolk Southern Corporation shareholders voted in favor of the merger, while 99. 5% of Union Pacific did so,…...