Merger Monthly: Union Pacific/Norfolk Southern as the Archetypal Trump-era Merger Review; Outlook for Key Transactions Including Cintas/UniFirst, Paramount Skydance/Warner Bros. Discovery, and Skyworks/Qorvo

Union Pacific’s (UNP) proposed $85 billion acquisition of rail rival Norfolk Southern (NSC) is the purest expression of a Trump-era merger review, bringing together almost every trend that’s defined the administration’s approach to dealmaking

Published on Jun 29, 2026

Already have an account? Log in.

This article is currently locked and only available to subscribers. Request a trial to receive unlimited access to all articles.

View Only Unlocked Articles

Copyright ©2026 The Capitol Forum. All Rights Reserved.