BUSINESSJun 1 · 22:15 UTCSEMAFORRohan Goswami

Union Pacific executives privately deny talks with Trump over 15% stake

Union Pacific executives denied private discussions with President Trump about a 15% government stake in a proposed merger with Norfolk Southern, despite Trump's public claims. The $85 billion railroad merger faces regulatory review, and Union Pacific's CFO stated the company had no such conversations with Trump, which surprised executives.

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Union PacificorganizationNorfolk SouthernorganizationDonald TrumppersonJennifer HamannpersonJim VenapersonSurface Transportation BoardorganizationPatrick Fuchsperson

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