Union Pacific's $85 Billion Rail Merger: A Trump Card?
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sabato
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A potential $85 billion railroad mega-merger is on the table! Union Pacific's CEO met with President Trump to discuss acquiring Norfolk Southern, a deal that would create the first coast-to-coast, single-line railroad in the US. Proponents tout increased efficiency and job security, but rivals and shippers fear reduced competition. Will White House support fast-track this game-changing deal, or will regulatory hurdles derail the merger? Hosted on Acast. See acast.com/privacy for more information.
