Kansas City Southern has agreed to sell itself to Canadian Pacific Railway Ltd. in a cash-and-stock transaction that gives it a roughly $31 billion enterprise value, including $3.8 billion in debt, ...

OMAHA, Neb. – Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts. The merger discussions began during ...

Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, implying a value for Norfolk Southern of $320 per share based on Union Pacific’s ...

By David Shepardson WASHINGTON, July 7 (Reuters) - Union Pacific and Norfolk Southern told a U.S. government agency Tuesday ...

OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail ...

BNSF Railway has publicly rebuked the proposed $85 billion merger between Union Pacific and Norfolk Southern, calling on customers to air any grievances they may have with the deal to the Surface ...

Union Pacific and Norfolk Southern confirmed Thursday that they are in merger talks that would create a single U.S. railroad with service stretching from the East to the West Coast. The Associated ...