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Union Pacific to buy Norfolk Southern in $85 billion deal
CNBC Televisionยท2025-07-29 11:36

on this morning, John. Good. >> Good day.Thank you Joe. >> Okay. >> Bye bye.>> Okay. We've got some breaking merger news taking place right now. I want to get straight over to Morgan Brennan, who joins us with more Morgan.>> Good morning Andrew. So we knew they were talking. Now it's official Union Pacific and Norfolk Southern striking a deal to merge to create America's first modern transcontinental railroad.Under the terms of the agreement, Union Pacific would acquire Norfolk Southern in a stock and cash ...