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0.00201102338745725 0.00258826158200525 0.00364963503649642 0.000763444063757042 -7.44823476835313E-05 0.00536645315060342 0.0102040816326531 0.0102040816326531
Stock impact report

Union Pacific says revised Norfolk Southern merger application is on schedule [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
OMAHA, Neb. - Union Pacific and Norfolk Southern expect to file their revised merger application on April 30, as planned, UP CEO Jim Vena said on the railroad's earnings call today. The railroads are confident the revised document will fully address the shortcomings that the Surface Transportation Board identified when it rejected the initial application as incomplete in January, Vena says. The STB asked UP and NS to provide more information regarding post-merger market share, to include their entire merger agreement, and more fully address UP's plan to reduce its stake in the Terminal Railroad Association of St. Louis. Vena says that with the work that's been done on the revised application he's more convinced than ever that the transcontinental merger will be good for the country, shippers, employees, customers, and investors. Because the transaction is an end-to-end merger, Vena sees no reason to grant concessions to other railroads. "It's pretty hard to come up with conce Show less Read more
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