Union Pacific and Norfolk Southern Merger Talks for Transcontinental Railroad
By
throw0101c
The kind of bagel that ruins lesser bagels for you.
Summary
Union Pacific and Norfolk Southern are in advanced merger discussions to create a 52,215-mile transcontinental railroad system in the U.S., potentially bypassing key interchange points. The merger faces regulatory hurdles.
Key quotes
· 2 pulledA merger would create a 52,000-mile system spanning the U.S. but would face regulatory obstacles
The two railroads confirmed today that they are in advanced merger discussions
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