Trump floated the idea of 15% govt stake in Norfolk Southern/Union Pacific - report (NSC:NYSE)
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
There are reports that a 15% government stake in a potential merger between Norfolk Southern and Union Pacific was discussed. However, the Union Pacific CEO has stated that he has not spoken to Trump about a possible government investment. The context and details of the proposed merger and potential government involvement are unclear, with some outlets mentioning a reported $85 billion merger and others discussing unrelated topics such as tariffs and oil prices.
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