Railroad operator Union Pacific UNP -1.24% is holding talks to acquire its smaller rival Norfolk Southern NSC -0.88% in a deal that could create the largest rail operator in the country, according ...

Two of the largest U.S. railroads, Union Pacific and Norfolk Southern, are planning to merge. The companies made the announcement Tuesday morning. The $85 billion deal would create America’s ...

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 ...

OMAHA, Neb. & ATLANTA-- (BUSINESS WIRE)-- Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today announced an agreement to create America’s first ...

Union Pacific and Norfolk Southern confirmed Thursday that they are engaging in "advanced discussions" about a possible merger in a move that could potentially reshape the competitive dynamics of ...

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 ...

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.

Union Pacific Corp. agreed to acquire Norfolk Southern Corp. in a $72 billion cash-and-stock transaction, forming the only US transcontinental railroad in what stands to be the industry’s ...

Union Pacific Corp. could reach an agreement to acquire Norfolk Southern Corp. and create a transcontinental rail behemoth as soon as this week, people familiar with the matter said.

Merger talk is swirling around Union Pacific Corp. and Norfolk Southern Corp. in a deal that could create a railroad mega-carrier and a huge transcontinental network spanning the U.S.