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Nebraska leaders praise Union Pacific merger to create coast-to-coast rail system based in Omaha
Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.
Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.
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