Union Pacific acquires Norfolk Southern

Union Pacific agreed to acquire Norfolk Southern. Reported deal value: Undisclosed. Status: Pending. Sector: Transportation. Target headquarters context: Atlanta, Georgia, United States.

This page summarizes publicly available information about the transaction as of 2026-03-02. Figures and status may change as filings and press coverage update.

At 22x earnings and a dividend yield now under 2%, we decided to sell the shares and buy shares of Union Pacific , which trades at a lower P/E and higher dividend yield.' Story Continues Norfolk Southern Corporation 'Could Be Vulnerable,' Says Jim Cramer Norfolk Southern Corporation is not on our list of 30 Most Popular Stocks Among Hedge Funds