WASHINGTON, April 30 (Reuters) – Union Pacific and Norfolk Southern on Thursday submitted a revised merger application with the Surface Transportation Board, seeking approval of its $85 billion tie-up to create the first U.S. coast-to-coast freight rail operator.
The railroads said the deal would save shippers an estimated $3.5 billion annually in arguing in favor of the deal.
(Reporting by David Shepardson, Editing by Louise Heavens)
