Union Pacific Delays Merger Filing, CPKC Warns of Complex Regulatory Path Ahead
ByAinvest
Wednesday, Dec 3, 2025 1:40 pm ET1min read
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Union Pacific has delayed its merger filing with the Surface Transportation Board due to a contractor's revisions. The $85 billion acquisition of Norfolk Southern is expected to close by 2027. Canadian Pacific Kansas City CEO Keith Creel expressed skepticism about the merger's success, citing the complexity of the regulatory process and the fact that Union Pacific and Norfolk Southern have a significant market share.
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