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Union Pacific to Buy Norfolk Southern for $85 Billion
Posted
July 29, 2025
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July 29, 2025
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2:54Now PlayingUnion Pacific agrees to buy Norfolk Southern in a cash-and-stock transaction valued at $85 billion. The companies would combine to create a transcontinental railroad. The deal is expected to close in 2027, but there are antitrust hurdles to clear. Lee Klaskow of Bloomberg Intelligence is on "Bloomberg Open Interest."
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