Union Pacific CEO held talks with Trump on $85 billion plan to buy Norfolk

Core Viewpoint - Union Pacific Corp is pursuing an $85 billion acquisition of Norfolk Southern Corp, which was discussed in a meeting between CEO Jim Vena and U.S. President Donald Trump [1] Group 1 - The proposed buyout amount is $85 billion, indicating a significant investment in the railroad industry [1] - The meeting with President Trump highlights the strategic importance of this acquisition for Union Pacific Corp [1]