other material
confidence high
sentiment positive
materiality 0.55
Union Pacific to record $80M pre-tax gain from land sale to Illinois Tollway
UNION PACIFIC CORP
- Railroad completed second closing of land sale to Illinois State Toll Highway Authority on May 26, 2022.
- Pre-tax gain of approximately $80 million will be recognized in other income in Q2 2022.
- The transaction closed as part of a previously announced land sale by Union Pacific Railroad Company.