NYSE:UNPTransportation
Union Pacific Merger Plan Sparks Questions On Value And Debt Risks
Union Pacific (NYSE:UNP) and Norfolk Southern have announced a proposed merger to create what would be the first fully transcontinental freight railroad in the U.S.
The combined network would link Atlantic and Pacific gateways and is intended to streamline coast to coast freight movements.
The deal is subject to regulatory review and approval before any integration of operations can occur.
For investors tracking Union Pacific, the news coincides with the stock at $266.97 and multi year...