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Railroad M&A Frenzy? CSX Rises Premarket As It Reportedly Taps Advisors Amid Union Pacific–Norfolk Southern Deal Buzz
The Wall Street Journal reported that Union Pacific was considering acquiring Norfolk Southern, potentially creating a $200 billion coast-to-coast railroad giant. A report stated that the talks are in ...
Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...
BNSF Railway hired Goldman Sachs to explore a potential railroad takeover, and CSX is in talks to bring on advisors, as Union ...
BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...
We upgrade shares of Norfolk Southern and CSX to Buy as the likelihood of rail consolidation moves up considerably. A Union ...
BNSF is owned by Berkshire Hathaway Inc. “Such a deal might be an elephant-sized transaction that Berkshire CEO Warren ...
Asian shares are mixed and U.S. futures have edged higher after U.S. stocks logged their third straight winning week. Markets ...
Speculation has been growing about a large merger in the North American rail industry under the assumption that the ...
Union Pacific (NYSE:UNP), the largest freight railroad in the U.S., is exploring a potential acquisition of Norfolk Southern ...
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