Companies

Union Pacific Shareholders Approve $85 Billion Merger With Norfolk Southern

If the deal passes the STB, the companies hope to close the transaction by early 2027.
0
Union Pacific Shareholders Approve $85 Billion Merger With Norfolk Southern
In an aerial view, a Union Pacific freight train travels in Hutto, Texas, on July 29, 2025. Union Pacific has reached an agreement to purchase Norfolk Southern in a $85 billion deal. Brandon Bell/Getty Images
Jacki Thrapp
|Updated:
0:00
A mega-merger is moving forward at full steam. Union Pacific Corporation shareholders approved a $85 billion merger with Norfolk Southern on Nov. 14, with 99.5% of shareholders in favor of the deal.

“We appreciate our shareholders’ support in reaching this important milestone on our path to building America’s first coast-to-coast railroad,” Union Pacific CEO Jim Vena said in a statement published on Nov. 14.

Jacki Thrapp
Jacki Thrapp
Author
Jacki Thrapp is an Emmy® Award-winning journalist based in Nashville. She previously worked at The New York Post, Fox News Channel and has written a series of Off-Broadway musicals in NYC. Contact her at [email protected]