Norfolk Southern shareholders have overwhelmingly approved the company's previously announced combination with Union Pacific, with nearly 99% of votes cast in favor. The deal aims to create America's first coast-to-coast transcontinental railroad by integrating the two companies' networks and enhancing rail service across the country. Under the agreement, Norfolk Southern shareholders will receive 1.0 Union Pacific common share and $88.82 in cash for each Norfolk Southern share owned. The transaction is expected to close by early 2027, pending customary conditions and regulatory review.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NS - Norfolk Southern Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: PH24866) on November 14, 2025, and is solely responsible for the information contained therein.