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X @Bloomberg
Bloomberg· 2025-07-31 20:14
CSX is working with Goldman Sachs Group, people familiar with the matter said, as the company explores options to participate in rail consolidation after two major rivals announced a merger https://t.co/PToIEE2mYQ ...
Columbus McKinnon(CMCO) - 2026 Q1 - Earnings Call Transcript
2025-07-30 15:00
Columbus McKinnon (CMCO) Q1 2026 Earnings Call July 30, 2025 10:00 AM ET Speaker0Good morning, and welcome to Columbus McKinnon's First Quarter Fiscal twenty twenty six Earnings Conference Call. My name is Marissa, and I will be your conference operator for today. As a reminder, this call is being recorded. I would now like to turn the conference over to Kristi Moser, Vice President of Investor Relations and Treasurer.Speaker1Thank you, and welcome, everyone, to our call. On today's call, we will be coverin ...
Why this $85B deal raises competitive pressure on Berkshire Hathaway’s BNSF.
Yahoo Finance· 2025-07-29 23:30
Well, an $85 billion deal in the rail sector, Union Pacific agreed to acquire Norfolk Southern in a cash and stock transaction that will form a transcontinental rail giant and what stands to be the industry's largest deal ever with a total enterprise value of $85 billion for Norfol. It is the largest deal of the year announced so far as well. According to data compi compiled by Bloomberg, the deal raises competitive pressure on rivals including CSX and Brookshire Hathaway's BNSF to potentially pursue pursue ...
X @Investopedia
Investopedia· 2025-07-29 19:01
Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant based on their current market capitalizations. https://t.co/4AbARghOXM ...
Union Pacific CEO Jim Vena & Norfolk Southern CEO Mark George on merger: Deal is 'great for America'
CNBC Television· 2025-07-29 14:55
Uh let's uh get some more about the uh huge deal of course of the morning. Biggest in fact of all time. Union Pacific announcing in the rail industry. Union Pacific announcing it it will buy Norfolk Southern.It's a cash and stock deal worth about $72 billion at present. It will create the first coast to coast freight operator in the country and as I said uh ranks as the number one deal the rail industry has seen in terms of its size. Joining us now in a first on CNBC interview is Union Pacific CEO Jim Venna ...
X @Bloomberg
Bloomberg· 2025-07-29 11:20
Union Pacific agreed to acquire Norfolk Southern in a cash-and-stock transaction valued at $85 billion, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever https://t.co/ox7Nw6UvZ0 ...
X @Bloomberg
Bloomberg· 2025-07-28 11:04
Transnet’s bonds rallied after South Africa’s government approved billions of dollars in guarantees to further support the debt-laden state-owned rail and port operator https://t.co/DDB6XfWADc ...
X @Bloomberg
Bloomberg· 2025-07-27 14:51
South Africa’s government approved $5.3 billion in guarantees for state-owned rail and port operator Transnet https://t.co/a3lYZBSKua ...
X @Bloomberg
Bloomberg· 2025-07-26 18:05
Union Pacific Corp. could reach an agreement to acquire Norfolk Southern Corp. and create a transcontinental rail behemoth as soon as early next week, people familiar with the matter said. https://t.co/xoglyidsDn ...
X @Bloomberg
Bloomberg· 2025-07-24 18:00
Further rail consolidation kicked off by a Union Pacific-Norfolk Southern deal would give regulators an opening to favor volume growth over profit margins, @tomwblack says (via @opinion) https://t.co/GP4RpTJktG ...