Mergers #merger#government investment
Union Pacific CEO Jim Vena rejects potential government investment in $85B Norfolk Southern merger
Union Pacific CEO Jim Vena dismissed the possibility of government investment in the railroad's $85B merger with Norfolk Southern, stating UP can handle the price alone. President Trump had suggested government equity stakes in essential companies. Vena views Trump's interest positively but had no direct communication. The US has invested $21B in 16 deals since January 2025.
Jun 15, 2026 1 source