Jim Cramer recently discussed Norfolk Southern Corporation (NASDAQ:NSC) amid its pending merger with Union Pacific. Despite shares falling 3% post-confirmation, NSC has gained 19% compared to Union Pacific’s 2.7% drop. Cramer mentioned potential efficiency issues affecting the merger, with CSX CEO noting a five-day Chicago delay.
Cramer previously discussed the merger, citing minimal overlap between Norfolk Southern Corporation (NASDAQ:NSC) and Union Pacific. He highlighted the benefits of the East-West merger and the lack of competition between the railroads. This seamless integration could enhance efficiency and align with potential reindustrialization efforts.
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Read more at Yahoo Finance: Norfolk Southern Corporation (NSC)’s Merger Could Suffer From CSX CEO’s Belief, Says Jim Cramer
