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Isaac Francis

Isaac Francis

GrafaFinance Journalist

Finance journalist at Grafa. Covers tech, crypto, and markets, making complex finance clear for all. Passionate about innovation and trends.

Articles by Isaac Francis

Grafa

U.S. regulator pauses review of $85B Union Pacific, Norfolk Southern merger

The U.S. Surface Transportation Board accepted a revised merger application from Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) on Thursday but immediately froze all formal proceedings, dealing a tactical setback to the proposed $85 billion megadeal.

Read more: U.S. regulator pauses review of $85B Union Pacific, Norfolk Southern merger