Union Pacific, Norfolk Southern
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Union 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,
Q2 2025 Management View CEO Vincenzo James Vena highlighted, "Union Pacific reported 2025 second quarter earnings per share of $3.15. We had 2 unusual and offsetting items in the second quarter: a deferred tax benefit;
Railroad Union Pacific reported a strong second quarter. Mergers and acquisitions in the sector have been in headlines as of late.