Trump supports Union Pacific's takeover of Norfolk Southern - report

MSN
2025.09.22 15:32
portai
I'm PortAI, I can summarize articles.

President Trump expressed support for Union Pacific's $72 billion acquisition of Norfolk Southern, stating it sounds good to him. The deal awaits approval from the U.S. Surface Transportation Board and is not expected to close until early 2027. Following Trump's comments, shares of Norfolk Southern rose by 3%, while Union Pacific gained 2.8%.

Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.