BRIEF-STB Accepts Union Pacific-Norfolk Southern Revised Merger Application For Consideration, Requires Supplemental Information
يونيون باسيفيك كورب
نورفوك ساوثرن كورب
Union Pacific Corporation UNP | 0.00 | |
Norfolk Southern Corporation NSC | 0.00 |
May 28 (Reuters) - U.S. Surface Transportation Board:
STB: ACCEPTS UNION PACIFIC-NORFOLK SOUTHERN REVISED MERGER APPLICATION FOR CONSIDERATION, REQUIRES SUPPLEMENTAL INFORMATION
STB: BOARD FINDS THERE ARE SEVERAL ASPECTS OF REVISED APPLICATION THAT ARE UNCLEAR OR UNDERDEVELOPED
STB: TODAY’S DECISION ON UP-NS REVISED APPLICATION HOLDS PROCEEDINGS, INCLUDING ENVIRONMENTAL REVIEW, IN ABEYANCE - WEBSITE
STB: WILL RE-EVALUATE POTENTIAL WAIVER OF EX PARTE PROHIBITION RELATED TO UP-NS MERGER, WITH APPROPRIATE SAFEGUARDS AND LIMITATIONS
