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Colin Campbell

13 hours ago

Union Pacific CEO tells shippers Norfolk Southern deal will be approved

Two men seated on stage having a discussion; one wears a black suit and glasses, the other a gray suit with a blue tie. Behind them are large images of train tracks, metal wires, and a highway through mountains.

Union Pacific is confident its $85 billion bid for Norfolk Southern "is going to get passed," CEO Jim Vena told the audience at Inland25 Wednesday.

Why it matters: Momentum for the megamerger, which would create a transcontinental railroad, has picked up following support from President Trump and the SMART-TD union.

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Deals that matter in your industry.

Union Pacific CEO tells shippers Norfolk Southern deal will be approved

Shutdown brings more noise to M&A

Expert Voices: Apex CEO on State Street, crypto and IPO timing

Pro Rata Premium: First Look

Scoop: Fervo Energy raising $300M Series E

Exclusive: Folia Health inks $10.5M for disease tracking and pharma research

Exclusive: Predicta Biosciences raises $23.4M for precision oncology

Exclusive: Phaidra raises $50M from Nvidia and Collaborative

Exclusive: Brazilian private credit fintech Kanastra raises $30M

Exclusive: Cyvl raises $14M Series A to help city planning

SPACs offer nuclear investors an escape hatch

Deals Tracker

Scoops & exclusives

Scoop: Fervo Energy raising $300M Series E

Exclusive: Folia Health inks $10.5M for disease tracking and pharma research

Exclusive: Phaidra raises $50M from Nvidia and Collaborative

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Exclusive: Zania raises an $18 million Series A for compliance bots