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0 0 0.00671255718500147 -0.00282183932617896 0.00149642994570095 0.00149642994570095 0.000790970114156237 0.00059857197828033
Stock impact report

Union Pacific sets date for historic rail merger filing [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
The date for the filing covering the creation of the first freight-only transcontinental railroad was contained in a document advising of a delayed filing submitted to the Surface Transportation Board Dec. 5, and has not been previously reported. UP Chief Executive Jim Vena earlier said that the application would be filed by Dec. 16. According to a timeline posted on the STB website , the filing of what Union Pacific has said will be a 4,000-page document triggers a statutory 30-day review by the STB for completeness after which the regulator can accept a complete application, or reject it as incomplete. This phase is separate and involves no evaluation of the merger itself. While the 2023 merger of Canadian Pacific and Kansas City Southern ran to 10,000 pages, the marriage of UP (NYSE: UNP ) and NS (NYSE: NSC ) is likely to generate more documentation and data for review than for any previous merger. The consolidation will be the first test of more stringent criteria adopted Show less Read more
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