The vast majority of shareholders for Union Pacific and Norfolk Southern voted on Friday to support the $85 billion merger that would transform the two companies into a transcontinental railroad titan.

The proposed merger still needs to be approved by the independent Surface Transportation Board, but the shareholder vote, with more than 99% supporting the merger, marks a major step forward. If completed, the deal will create the nation’s first coast-to-coast rail network.

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“Our shareholders see the value and understand this merger will unlock new oppo

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