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Report: Investment firm advising Union Pacific on potential merger
Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter.
Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger
Union Pacific currently has a market value of about $140 billion, while Norfolk Southern is valued at around $60 billion. Following news of the negotiations, shares of Norfolk Southern rose by 4% in after-hours trading, while Union Pacific’s stock fell roughly 2% before reversing to a slight gain.
Union Pacific appears to be using a familiar playbook that large, publicly traded companies trot out when considering mergers ...
Zacks Investment Research on MSN3d
Union Pacific Rewards Investors With 3% Dividend PayoutIn a shareholder-friendly move, Union Pacific Corporation’s (UNP) board of directors approved a dividend hike of 3%, thereby ...
By Colin Kellaher Union Pacific said its president, Beth Whited, plans to transition to the role of strategic adviser, effective July 1.
It’s been years since Union Pacific Railroad announced it was done with operating Metra trains. So when can riders expect Metra to take over the three popular North, Northwest and West UP routes ...
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