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acquisitionAnnounced · Jan 3, 2026RailroadSource · CredibleArticle · Factual
UNION PACIFIC acquires Norfolk Southern
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$85B
Target
Norfolk Southern
NYSE: NSC · Atlanta, Georgia
Acquirer
UNION PACIFIC
Full Acquisition
Status
Pending
UNION PACIFIC agreed to acquire Norfolk Southern. Reported deal value: $85B. Status: Pending. Sector: Railroad. Target headquarters context: Atlanta, Georgia, United States.
This page summarizes publicly available information about the transaction as of 2026-01-03. Figures and status may change as filings and press coverage update.
HD Media CSX Transportation and three other railroads filed requests this week that the Surface Transportation Board reject Union Pacific Corp . application for approval to acquire Norfolk Southern Corp . and return it for more information
Deal timeline
Announced
Jan 3, 2026 · wvgazettemail.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Railroad with a reported deal value of $85B. Figures and status may change as sources update.
Sources: wvgazettemail.com · Primary article · FireStrike proprietary index