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 ...

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 ...

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 ...

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 ...

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 UNP 0.85% and Norfolk Southern NSC -0.01% said that they are in advanced talks over a merger that could create the largest rail operator in the country.

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 ...

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 ...