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Trump, Union Pacific CEO Discuss $72 Billion Norfolk Southern Acquisition

Former U.S. President Donald Trump and Union Pacific's chief executive reportedly talked about a potential $72 billion takeover of Norfolk Southern.

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Terms & Concepts
  • Acquisition: A corporate action in which one company purchases most or all of another company's shares to gain control.
  • Norfolk Southern: A major U.S. transportation service provider specializing in rail freight.
  • Union Pacific: One of the largest freight railroad networks in the United States.