finance
Union Pacific and Norfolk Southern File Amended Application for $72 Billion Merger
Union Pacific Corp. and Norfolk Southern Corp. filed an amended merger application on Thursday for their proposed $72 billion deal. The companies stated the merger would save shippers $3.5 billion annually. The application follows their initial proposal of the deal.
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Union Pacific Corp. and Norfolk Southern Corp. filed an amended merger application on Thursday for a proposed $72 billion deal, according to @business reported. 5 billion annually.
5 billion for shippers. The proposed deal is valued at $72 billion, as outlined in the filing.
5 billion in annual savings for shippers. @business reported that the companies' statement on the savings accompanies the $72 billion deal proposal in the Thursday filing.
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