Trying to understand the Union Pacific/Norfolk Southern deal from an NSC shareholder perspective. If the merger gets approved and closes, what exactly do we receive for each NSC share, cash, UNP shares, or a combination of both?
Also, does the final value depend on where UNP stock is trading when the deal closes? Wondering whether it makes more sense to keep holding NSC through the merger or just sell before then.
Anyone holding NSC and planning to ride this all the way through?