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BusinessSep 13, 2025 01:44 AM

Union Pacific CEO Vena says Norfolk Southern merger will win approval

(Reuters) -Union Pacific CEO Jim Vena said on Wednesday he was confident that the railroad operator would receive a merger approval from the U.S. administration over its deal with Norfolk Southern. In July, Union Pacific announced an $85 billion stock-and-cash acquisition of the smaller rival, which, if approved, would create the country's first coast-to-coast freight rail operator. Speaking at a Morgan Stanley Conference, Vena said he has met with senior people in the administration, who call ...Read More >

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