Norfolk Southern

“Rivals are seeking to derail the $85 billion merger between Union Pacific and Norfolk Southern, which would create the first U.S. carrier running coast-to-coast.”

“Union Pacific said in May that it would walk away from the merger if the STB grants such remedies, which would require it to pay a $2.5 billion breakup fee to Norfolk Southern... that's no small thing, given that Union Pacific reported having only $2.11 billion of cash and cash equivalents as of June 30.”