Union Pacific and Norfolk Southern announced the landmark $85 billion deal on Tuesday, July 29. The combined company would stretch over 50,000 route miles across 43 states, connecting nearly 100 ...

Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.

If approved, the new “Union Pacific Transcontinental Railroad” would combine U.P.’s strength in the western two-thirds of the country with Norfolk’s base in 22 eastern states.

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across ...

Union Pacific's stock rose slightly to $229.35 in premarket trading, while Norfolk Southern's stock dipped more than 2% to $279.95.

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad ...

Union Pacific is expecting to boost its company value to $30 billion while reaping in $2.75 billion annually. The company is offering Norfolk Southern shareholders $88.82 in cash per share and one ...

Union Pacific is offering $20 billion cash and one share of its stock to complete the deal. Norfolk Southern shareholders would receive one UP share and $88.82 in cash for each one of their shares ...

The proposed merger, announced Tuesday, would marry Union Pacific’s vast rail network in the West with Norfolk’s rails that snake across 22 Eastern states, and the District of Columbia.