Union Pacific , the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern , signaling that a deal to form a $200 billion coast-to-coast rail company ...

Railroad operator Union Pacific (UNP) is reportedly close to acquiring Norfolk Southern (NSC) for $320 per share in a cash-and-stock deal, which would give its smaller rival a valuation of about ...

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, value… ...

Union Pacific and Norfolk Southern confirmed that they are in “advanced” merger talks that would create a single U.S railroad with service stretching from the East to the West Coast. Electric ...

The deal will involve Union Pacific acquiring Norfolk Southern in a part-cash and part-stock transaction valuing Norfolk at about $320 per share, compared to its Monday close of $286.42.

Union Pacific's stock fell nearly 2% to $224.98 in premarket trading, while Norfolk Southern's stock dipped more than 3% to $277.40.

Union Pacific, based in Omaha, has over 32,000 employees, and Norfolk Southern, with headquarters in Atlanta, has nearly 20,000. At both railroads, around four-fifths of the work force belongs to ...

Union Pacific, a freight rail giant, announced on Tuesday that it had reached an agreement to acquire Norfolk Southern, another large railroad, in a deal worth $85 billion. The merger would create ...

This is something to think about as railroad giants Union Pacific and Norfolk Southern work to complete their $85 billion combination. $85 billion would comfortably place the merger among the ...

July 29 (UPI) -- The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad. The agreement will see ...