Union Pacific and Atlanta-based Norfolk Southern have reached a proposed $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail ...

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

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad ...

The Sage of Omaha's company will make over $1.2 billion from the sale, according to an announcement on Monday.

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