Union Pacific Eyes Norfolk Southern Deal
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Union Pacific appears to be using a familiar playbook that large, publicly traded companies trot out when considering mergers and acquisitions: Send up trial balloons and see how they fly. These trial balloons let management gauge market reaction,
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Zacks Investment Research on MSNUnion Pacific Rewards Investors With 3% Dividend PayoutIn a shareholder-friendly move, Union Pacific Corporation’s (UNP) board of directors approved a dividend hike of 3%, thereby raising its quarterly cash dividend to $1.38 per share ($5.52 annualized) from $1.
By Colin Kellaher Union Pacific said its president, Beth Whited, plans to transition to the role of strategic adviser, effective July 1.