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News
Union Pacific, Norfolk Southern drop as state AGs raise concerns over combination
1+ week, 5+ day ago (61+ words) Seeking Alpha Shares of the major railroad carriers dropped as seven state attorneys general are calling for the U.S. railroad regulator to reject Union Pacific's (UNP) and Norfolk Southern's (NSC) revised merger application. Attorneys general from Montana, Iowa, Kansas, Florida, North…...
The pizza chain king of the 1980s in America officially goes private (YUM:NYSE)
1+ week, 6+ day ago (57+ words) Seeking Alpha LongRange Capital announced that it has completed its acquisition of the Pizza Hut business from Yum! Brands (YUM). The deal excluded the Mainland China Pizza Hut business. The private equity firm agreed to pay approximately $1.5B for the iconic…...
Full steam ahead: The Union Pacific-Norfolk Southern merger review is moving forward (UNP:NYSE)
3+ week, 5+ day ago (89+ words) Seeking Alpha The Surface Transportation Board restarted its review of Union Pacific's (UNP) proposed merger with Norfolk Southern (NSC). Notably, the board had paused the case while it asked the companies for more information, including details needed to assess the…...