President Trump fired Robert Primus, a member of the Surface Transportation Board, which is reviewing Union Pacific’s (UNP) proposed takeover of Norfolk Southern (NSC), Esther Fung of Wall Street Journal reports. Primus is a Democrat who was nominated by Trump to the Surface Transportation Board in 2020. “This is deeply troubling and legally invalid,” Primus wrote in an email to The Wall Street Journal. He said he planned to continue his duties as a board member and that if he was prevented from doing so, he would seek legal options. Shares of Norfolk Southern are up 3% to $279.32 in morning trading while Union Pacific is up 1% to $222.51.
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