Union Pacific offers $20 billion cash and one share of its stock to buy Norfolk Southern Tuesday in a merger that could trigger the final wave of railroad mergers across the country.

Railroad company Union Pacific will buy Norfolk Southern in a cash and stock transaction valued at $85 billion, combining two ...

Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an US$85 billion deal, to create the nation’s ...

The blockbuster deal raises the odds that Buffett’s Berkshire Hathaway, which owns the Burlington Northern Santa Fe railroad, ...

BNSF is already trailing Union Pacific in profitability, so the last thing it needs is to worsen its competitive position.

Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, a merger they said will create America's first transcontinental railroad.