Norfolk Southern shareholders approve merger with Union Pacific; ~99% vote FOR

NORFOLK SOUTHERN CORP

Shareholders voted 162.2M FOR, 2.4M AGAINST, 310k abstain — ~98.6% of votes cast in favor.
Per share consideration: 1.0 Union Pacific share plus $88.82 cash.
Transaction expected to close by early 2027, subject to Surface Transportation Board approval.
CEO Mark George cites creation of first coast-to-coast transcontinental railroad.
Non-binding advisory vote on executive compensation also passed (152.7M FOR).

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