Key facts: Union Pacific Corporation's $85 billion acquisition of Norfolk Southern has been approved, enabling a merger to create the first coast-to-coast freight rail operator in the U.S.
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- Union Pacific Corporation's $85 billion acquisition of Norfolk Southern has been approved, enabling a merger to create the first coast-to-coast freight rail operator in the U.S.1
- Union Pacific Corporation's locomotive engineers approved a five-year contract with an 18.8% salary hike. About 6,000 engineers supported the deal, which keeps current work rules and meal allowances.23