Business
Norfolk Southern and Union Pacific Discussing Possible Merger
Norfolk Southern Corporation (NYSE: NSC) and Union Pacific Corporation (NYSE: UNP) confirmed today that the companies are engaged in advanced discussions regarding a potential business combination. There can be no assurances as to whether an agreement for a transaction will be reached or as to the terms of any such transaction.
About this update from Norfolk Southern Corporation
[{"type":"text","content":"ATLANTA, July 24, 2025 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) and Union Pacific Corporation (NYSE: UNP) confirmed today that the companies are engaged in advanced discussions regarding a potential business combination. There can be no assurances as to whether an agreement for a transaction will be reached or as to the terms of any such transaction.","length":373,"tagName":"p"},{"type":"image","alt":"Norfolk Southern Corporation Logo (PRNewsfoto/Norfolk Southern Corporation)","displaySize":"","headline":null,"caption":"Norfolk Southern Corporation Logo (PRNewsfoto/Norfolk Southern Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":104,"url":"https://media.zenfs.com/en/prnewswire.com/329c4910bc896d8074f0a5a5778143ca"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/B7ME2E3He_lR3uR6_rduWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE4MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/329c4910bc896d8074f0a5a5778143ca","width":400,"height":104}},"href":"https://mma.prnewswire.com/media/1168904/Norfolk_Southern_Corporation_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Union Pacific and Norfolk Southern stated that they do not intend to make additional comments or provide an update on this matter unless and until they determine that disclosure is required or otherwise appropriate.","length":215,"tagName":"p"},{"type":"text","content":"About Norfolk SouthernSince 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a 22-state freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver approximately 7 million carloads annually, from agriculture to consumer goods. Norfolk Southern also has the most extensive intermodal network in the eastern U.S. It serves a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as major ports across the Gulf Coast and Great Lakes. Learn more by visiting www.NorfolkSouthern.com","length":853,"tagName":"p"},{"type":"text","content":"Cautionary St...