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November 17, 2025

Shareholders support $85B rail merger

By JOSH FUNK
AP Transportation Writer

OMAHA, Neb. — Shareholders of Union Pacific and Norfolk Southern backed the railroads' proposed $85 billion merger to create the nation's first coast-to-coast rail network.

Roughly 99% of both railroads' shareholders voted to support the largest rail merger in history Friday, but the U.S. Surface Transportation Board must still approve it before the deal can be completed.


 
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