Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal

https://explodeddeitycomparatively.com/mnfex7jtc9?key=1a408250cfd426ee0c4dfffc158205f8, a freight rail giant, announced on Tuesday that it had reached an agreement to acquire Norfolk Southern, another large railroad, in a deal worth $85 billion. https://explodeddeitycomparatively.com/mnfex7jtc9?key=1a408250cfd426ee0c4dfffc158205f8would create the United States’ first coast-to-coast rail network and span some 50,000 miles across 43 states. But the deal would put around two-fifths of rail freight in the hands of one company, raising fears that it would reduce competition in a crucial industry. Union Pacific, which operates west of the Mississippi River, and Norfolk Southern, whose tracks are mostly east of it, said the combined company would deliver freight faster by eliminating the need to switch railroads and openinghttps://explodeddeitycomparatively.com/mnfex7jtc9?key=1a408250cfd426ee0c4dfffc158205f8

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