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Union Pacific, Norfolk Southern Say Surface Transportation Board Denied Requests to Dismiss Merger

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Union Pacific (UNP) and Norfolk Southern (NSC) said Tuesday that the Surface Transportation Board has denied requests to dismiss the companies' revised merger application.

Additionally, the merger has support from a majority of unions representing Union Pacific and Norfolk Southern employees, with the International Association of Sheet Metal, Air, Rail and Transportation's Railroad Mechanical Department signing a jobs-for-life agreement with the railroads, according to a statement.

The companies said the merger remains subject to Surface Transportation Board's review and approval, with the transaction expected to be completed in H2 of 2027.

Price: $271.32, Change: $+1.69, Percent Change: +0.62%

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AnaptysBio Swings to Q2 Profit as Revenue Rises; Shares Gain After Hours

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Moderna Provides Details on Data Presentations at Upcoming Conferences

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