Union Pacific Corporation intends to acquire Norfolk Southern Corporation, a US railway giant may be born.

Insiders said that Union Pacific Corp may reach an agreement to acquire Norfolk Southern Corp as early as the beginning of next week, creating a railroad giant spanning the continental United States. Due to the involvement of confidential information, these insiders requested anonymity. They indicated that this deal could be the largest in the history of the American railroad industry, potentially involving a combination of cash and stock. Union Pacific and Norfolk Southern announced on Thursday that they are in advanced negotiations. Insiders also noted that the specific details of the agreement may still change.