Recent Articles from Business Wire

The Chemours Company (Chemours) (NYSE: CC), a global chemistry company with leading market positions in Thermal & Specialized Solutions (TSS), Titanium Technologies (TT), and Advanced Performance Materials (APM), today announced the signing of strategic agreements with SRF Limited (SRF), a diversified, chemical-based multi-business conglomerate headquartered in India. SRF is engaged in the manufacturing of industrial and specialty intermediates, including fluoropolymers.

Preventing workplace accidents is essential not only for protecting employees but also for reducing financial and operational risks for companies. This is especially true in the construction industry, where workers face daily exposure to hazards. While safety measures are continuously being improved, Switzerland still records between 260,000 and nearly 300,000 workplace accidents annually – often on construction sites – due to non-compliance with safety protocols, time pressure, or negligence.

RtBrick today released its ‘State of Disaggregation’ report, examining the current state of networks globally and telecom operators’ efforts to address surging customer demands.

Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics, staffing and technology solutions to the financial services sector, has appointed Emma Crabtree as Chief Revenue Officer (CRO).

A new survey from Yubico (NASDAQ STOCKHOLM: YUBICO), a modern cybersecurity company on a mission to make the internet safer for everyone, today reveals a tale of two cities – or, more accurately, ten. While New Yorkers rush to catch a train and Californians are stuck in traffic, nearly half of Americans (48%) are still stuck using the same password for multiple online accounts. Even worse? When asked what they think is the most secure method, only 3% believed in using a hardware security key which is considered to be the most effective tool available to stop phishing.

Total dedicated reinsurance capital is projected to grow to USD 649 billion in 2025, following similar-size increases as in the previous two years, according to a new AM Best report.

Multimedia, Inc., a global leader in international marketing and advertising services, is proud to announce the kickoff of its 35th Anniversary celebration. The company, founded in Orlando, Florida, on July 9, 1991, is preparing to commemorate 35 years of innovation, growth, and global impact in 2026.

Viking® (www.viking.com) (NYSE: VIK) today announced it has taken delivery of the company’s newest river ship in Egypt, the Viking Amun. The delivery ceremony for the Viking Amun took place at Massara shipyard in Cairo, Egypt.

StageCrew™ (Stage Crew), a cloud service that streamlines information collection and coordination in system operations and strengthens observability, will be provided in SaaS format by Technologent. This marks the first full-scale deployment in the United States of a Japan-developed cloud service independently created by ITOCHU Techno-Solutions Corporation.

BlackRock MuniVest Fund, Inc. (MVF) (the “Fund”) announced today the final results of the Fund’s tender offer (“Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”).

Woodside Energy Group (ASX: WDS) (NYSE: WDS):

Pacific Retail Capital Partners (“PRCP”), Lyon Living, and Silverpeak today announced the acquisition of the 2 million-square-foot Lakewood Center in Southern California. This joint venture unites three industry leaders in retail, residential, and investment expertise to reposition the iconic property into an innovative, mixed-use community hub.

SoftBank Group Corp. (TOKYO: 9984, “SoftBank”) and Intel Corporation (Nasdaq: INTC) today announced their signing of a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock.

Align Technology, Inc. (“Align”) (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced the filing of patent infringement lawsuits against Angelalign Technology, Inc. (“Angel”) (Hong Kong Stock Exchange: 6699.HK), a Shanghai-based manufacturer of clear aligners. The lawsuits allege that Angel’s products and associated software infringe Align patents, which encompass innovations such as multilayer aligner materials, cutting-edge treatment planning, and advanced aligner features.

As schools across the country prepare to welcome students back this fall, one critical factor might be overlooked: the physical classroom itself, and the impact it will have on both students and teachers. That’s why KI, a Wisconsin-based contract furniture company, is proud to announce the launch of its fourth annual Classroom Furniture Giveaway, awarding four K-12 educators across the nation with $50,000 each to reimagine and transform their learning spaces.

Sharon Merrill Advisors, a nationally recognized investor relations strategic advisory firm, today announced the launch of its Interim IR+ offering -- purpose-built to support public companies during an IR officer transition.

Capvidia, a global leader in Model-Based Definition (MBD) and Model-Based Enterprise (MBE) software, announced a major milestone for MBDVidia: 3D human-viewable HTML models synchronized with QIF and STEP AP242. The result is OEM MBD that suppliers can use anywhere with no CAD required.

Cybin Inc. (NYSE American: CYBN) (Cboe CA: CYBN) (“Cybin” or the “Company”), a clinical-stage breakthrough neuropsychiatry company committed to advancing mental healthcare by developing new and innovative next-generation treatment options, is pleased to announce the voting results for each of the matters presented at the Company’s annual meeting of shareholders held on August 18, 2025 (the “Meeting”). There were 90 shareholders represented in person or by proxy at the Meeting holding 11,264,212 common shares, representing 48.92% of Cybin’s total issued and outstanding common shares as at the record date for the Meeting. The voting results for each matter presented at the Meeting are set out below:

Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its operating partnership, Essential Properties, L.P. (the “Operating Partnership”), has priced a public offering of $400 million aggregate principal amount of 5.400% Senior Notes due 2035 (the “Notes”). The Notes were priced at 98.317% of the principal amount and will mature on December 1, 2035. The offering is expected to settle on August 21, 2025, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the Company.

KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-HE2 Trust. OBX 2025-HE2 Trust is an RMBS transaction issued by Onslow Bay Financial LLC (Onslow Bay) as seller/sponsor consisting of first lien (3.2%) and second lien (96.8%) home equity line of credit (HELOC) loans. The underlying pool is seasoned approximately four months and comprises 1,693 loans, with United Wholesale Mortgage, LLC (UWM; 78.9%) and Better Mortgage Corporation (Better Mortgage; 11.9%) as the largest contributing originators. The HELOCs are interest-only (IO) adjustable-rate mortgages (ARMs), with initial draw windows of three (94.8%), five (5.0%) or ten (0.3%) years and IO terms of ten years. After the IO period, most loans feature 20-year (85.3%) or 10-year (14.7%) amortization terms. As of the August 1, 2025 cut-off date, the borrowers in the pool have drawn $216.3 million from a combined credit limit of $255.1 million for an aggregate utilization rate of 84.8%.

Projection, a leading event technology service provider, announces the renewal of its partnership with the Hawai‘i Convention Center through 2034 to provide the Center’s in-house audiovisual services.

For the third year running, Joyce University of Nursing and Health Sciences has been recognized as a “Utah Top Workplaces” honoree by The Salt Lake Tribune. The award is based entirely on employee feedback collected through a third-party survey, and highlights the university’s ongoing commitment to building a supportive and empowering work environment.

Figure Technology Solutions, Inc.1 (“Figure”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The nationally recognized law firm Baron & Budd has selected Cristian “Brady” Martins and Jennie Betances as the winners of the Mesothelioma Cancer Victims Memorial Scholarship. Each winner will receive a $2,500 scholarship paid directly to the financial aid accounts at their universities.

Bausch + Lomb Corporation (NYSE/TSX: BLCO), a leading global eye health company dedicated to helping people see better to live better, today announced that the Amended and Restated Director Appointment and Nomination Agreement, dated as of June 21, 2022, by and among the company and Mr. Carl C. Icahn and certain of his affiliates, terminated pursuant to its terms when the Icahn group’s net long position in the common shares of Bausch + Lomb’s parent company, Bausch Health Companies Inc., fell below the required threshold. In connection with the termination, Brett M. Icahn and Gary Hu have resigned from the Bausch + Lomb Board of Directors.

August 18, 2025-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global communications technology leader, today announced that its Board of Directors (the “Board”) has appointed Lloyd A. Sprung as an independent director, effective August 18, 2025.

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of August 2025. The distribution will be paid by Granite on September 15, 2025 to unitholders of record at the close of trading on August 29, 2025.

Law Offices of Howard G. Smith continues its investigation on behalf of Nutex Health Inc. (“Nutex” or the “Company”) (NASDAQ: NUTX) investors concerning the Company’s possible violations of federal securities laws.

Dell Technologies (NYSE: DELL) will conduct a conference call Thursday, Aug. 28, 2025, at 3:30 p.m. CST to discuss its fiscal 2026 second quarter financial results. The conference will be available to the public as a live, audio-only webcast on Dell Technologies’ website at investors.delltechnologies.com; an archived version will be available at the same location.

Nursa, Inc., the leading healthcare staffing technology platform, and Oxford Valley Health, a multi-facility skilled nursing operator, today announced they have reached a comprehensive settlement agreement resolving all claims and disputes between the parties related to their contractual relationship and associated litigation. Nursa’s January 2024 non-payment claim against Oxford will be resolved by way of the settlement agreement. Oxford Valley Health’s counterclaims against Nursa will be dismissed.

The Bancorp, Inc. (the “Company”) (NASDAQ: TBBK), today announced the completion of an underwritten offering and sale of its $200.0 million aggregate principal amount of 7.375% Senior Notes due 2030 (the “Notes”). The Notes were sold at par, resulting in net proceeds, after the underwriting discount, but before estimated transaction expenses, of approximately $197.0 million.

Pediatrix Medical Group, Inc. (NYSE: MD), a leading provider of physician services, today announced that its Board of Directors has authorized a share repurchase program of up to $250 million of the Company’s outstanding common stock.

Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it is scheduled to launch its next dedicated mission on Electron this weekend. The mission is scheduled to lift off less than three weeks after Electron’s previous mission and marks the Company’s 70th Electron launch to date.

Seaport Entertainment Group Inc. (NYSE: SEG) (“Seaport Entertainment Group,” “SEG”, “we,” “our," or the “Company”) announced today it has entered into an agreement to sell the mixed-use development project located at 250 Water Street (“250 Water Street”) for a sale price of $150.5 million to Tavros, a privately owned real estate investment management and development firm based in New York City.

Stoke Therapeutics, Inc. (Nasdaq: STOK) is a biotechnology company dedicated to restoring protein expression by harnessing the body’s potential with RNA medicine and has a lead investigational medicine, zorevunersen, in development as a first-in-class potential disease-modifying treatment for Dravet syndrome. The Company today announced that, effective on August 15, 2025, it granted stock options to purchase shares of common stock to Elizabeth Mellen, the Company’s newly-appointed Chief Regulatory Officer, and one other new employee, as a material inducement to their employment in accordance with Nasdaq Listing Rule 5635(c)(4).

Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month of August 2025. Unitholders of record on August 29, 2025 will receive distributions amounting to $0.009431485 per unit, payable on October 31, 2025. The Trust received $28,001, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in August 2025 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $17,576.

BankUnited Inc. (NYSE: BKU) announced that Kelly Sleece, executive vice president, has been appointed to lead the bank’s National Title Solutions (NTS) division as managing director.

Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.016000 per unit, payable on September 15, 2025 to unitholders of record on August 29, 2025. The net profits interest calculation represents reported oil production for the month of May 2025 and reported natural gas production during April 2025. The calculation includes accrued costs incurred in June 2025.

KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the 2nd Quarter of 2025 before opening of the market on Friday, September 26, 2025.

Liberty Media Corporation (“Liberty”) (Nasdaq: FWONA, FWONK, LLYVA, LLYVK) announced today that Dorna Sports, S.L. (“MotoGP”) closed the refinancing and maturity extension of its first lien Term Loan B, first lien Term Loan A and first lien revolving credit facility on August 18, 2025. MotoGP is a subsidiary of Liberty and is the exclusive commercial rights holder of the FIM MotoGP™ World Championship.

Assurant, Inc. (NYSE: AIZ) (“Assurant”), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, today announced the closing of a public offering of $300.0 million aggregate principal amount of its 5.550% Senior Notes due 2036 (the “Notes”).

XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the second quarter of 2025.

Flexsteel Industries, Inc. (NASDAQ: FLXS) (“Flexsteel” or the “Company”), one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, today reported fourth quarter and fiscal year 2025 results.

Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced the Company’s Board of Directors has adopted a stock ownership policy to further reinforce its commitment in aligning the interests of company leadership with stockholders.

GrafTech International Ltd. (NYSE: EAF) (“GrafTech,” the “Company,” “we,” or “our”) today announced that its Board of Directors has approved a 1-for-10 reverse stock split (the “Reverse Stock Split”) of GrafTech’s common stock, par value $0.01 per share (the “Common Stock”). The Reverse Stock Split was approved by GrafTech’s stockholders at a Special Meeting of Stockholders held virtually on August 14, 2025. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on August 29, 2025, and the Common Stock will open for trading on The New York Stock Exchange (the “NYSE”) on a reverse split-adjusted basis on August 29, 2025 under the existing trading symbol “EAF.”

Digi International Inc. (“Digi”) (Nasdaq: DGII), a leading global provider of business and mission-critical Internet of Things (IoT) products, services and solutions, today announced its acquisition of Jolt Software, Inc., a leading solutions provider to the convenience store and food and beverage industries, for approximately $145.5 million in cash, net of Jolt’s cash and otherwise subject to customary adjustments. The acquisition marks a significant milestone for Digi’s SmartSense® business in advancing operational intelligence and compliance automation across foodservice, grocery, convenience, healthcare and other verticals. The acquisition supports Digi’s strategy to expand annual recurring revenues (ARR) through high-value, scalable subscription offerings. Jolt will be integrated into SmartSense and will report results as part of the IoT Solutions segment.

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced its Board of Directors has approved a dividend of $1.08 per share annually, an 8% increase from the prior annual rate. The next quarterly dividend of $0.27 per share will be paid on September 15, 2025, to stockholders of record as of the close of business on September 2, 2025.

Curbline Properties Corp. (NYSE: CURB), an owner of convenience centers in suburban, high household income communities, announced today an update on the Company’s Sustainability Programs.

Figma, Inc. (NYSE: FIG) today announced that its second quarter 2025 financial results will be released after the U.S. financial markets close on Wednesday, September 3, 2025.

AEye, Inc. (Nasdaq: LIDR), a pioneer in high-performance lidar technology and creator of the Apollo lidar sensor, today announced that it has signed a strategic cooperation agreement with Black Sesame Technologies, a leading provider of automotive-grade computing platforms and solutions for smart vehicles. This collaboration is expected to deliver a world-class AI-based obstacle detection and early warning system that provides ultra-long-range and highly reliable enhancements to safety in all facets of railway operations.

Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, today announced the expanded role of Shane Hadlock as Paycom’s chief client officer and chief technology officer and the promotion of Rachael Gannon to chief automation officer, effective Aug. 18. Brad Smith has been named the company’s senior technical strategist and will continue reporting to CEO Chad Richison.

Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced that it will participate in a fireside chat at the Lytham Partners 2025 Consumer & Technology Investor Summit, taking place virtually on Tuesday, August 19, 2025.

InTest Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include semiconductor (“semi”), automotive/EV, defense/aerospace, industrial, life sciences, and safety/security, today announced that Nick Grant, President & CEO, and Duncan Gilmour, Chief Financial Officer, will virtually host investor meetings at the Needham Semiconductor and Semi Cap 1x1 Conference on Thursday, August 21, 2025.

Rocky Brands, Inc. (NASDAQ: RCKY) today announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock, which will be paid on September 16, 2025, to all shareholders of record as of the close of business on September 2, 2025.

Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has closed its previously announced offering of $2.0 billion aggregate principal amount of 7.000% First Lien Notes due 2034 (the “First Lien Notes”). The First Lien Notes have a maturity date of March 31, 2034 and are guaranteed and secured on a first lien basis by Level 3 Parent, LLC, the direct parent of Level 3 Financing, and certain unregulated subsidiaries of the Issuer. Level 3 Financing used the net proceeds from the offering, together with cash on hand, to redeem all $1,408,435,434 aggregate principal amount of Level 3 Financing’s 11.000% Senior Secured Notes due 2029 and to partially redeem $305,367,000 aggregate principal of Level 3 Financing’s 10.750% First Lien Notes due 2030, in each case, including payment of redemption premium, and to pay related fees and expenses.

Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, today announced that it will participate in the following investor events:

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on August 21, 2025 at 4:30 PM ET to discuss the results of the second quarter ended June 30, 2025.

Kinsale Capital Group, Inc. (NYSE: KNSL) today announced that its Board of Directors declared a cash dividend of $0.17 per share of common stock. This dividend is payable on September 11, 2025 to all stockholders of record as of the close of business on August 29, 2025.

Air Transport Services Group, Inc. has announced the recipients of this year's Hete Family Scholarship, administered by the Clinton County Foundation.

Veradigm® (OTCMKTS: MDRX), a leading provider of healthcare data and technology solutions, announced today that its Board of Directors has appointed Don Trigg, an industry leader with over two decades of healthcare technology experience, as the Company’s new Chief Executive Officer and member of the Board, effective as of September 2, 2025.

Geron Corporation (Nasdaq: GERN), a commercial stage biopharmaceutical company, today reported that it has granted equity awards covering an aggregate of 522,000 shares of its common stock, consisting of stock options to purchase an aggregate of 348,000 shares of common stock, and restricted stock units (“RSUs”) representing an aggregate of 174,000 shares of common stock, to eleven newly hired employees as an inducement material to their acceptance of employment with Geron.

L3Harris Technologies (NYSE: LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer and Aerojet Rocketdyne President Ken Bedingfield will present at the Jefferies Industrials Conference at 11:30 a.m. ET on Thursday, Sept. 4, in New York City. The presentation will stream live on the L3Harris website, with a recording available following the event.

Basic Capital, a 401(k) platform that offers an innovative financing option to help workers achieve their retirement goals, announced the successful closing of its $25 million Series A funding round led by Forerunner and Lux Capital, with participation from existing investors SV Angel, Box Group and financial luminaries including Henry Kravis. New investors included HOF Capital and Inspired Capital.

The Law Offices of Frank R. Cruz continues its investigation of Nutex Health Inc. (“Nutex” or the “Company”) (NASDAQ: NUTX) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Accenture (NYSE: ACN) has acquired The Highlands Consulting Group, a leading management consulting provider with extensive experience in healthcare, transportation, social services and environmental solutions. This move enhances Accenture’s capabilities, particularly in the State of California, where Highlands Consulting has a strong presence and a proven track record of delivering high-impact strategy and consulting services.

Sammons® Financial Group, Inc. announced the results of its 2025 Community Outreach Program. Sammons Financial Group employees selected 25 organizations to receive a total of $175,000 in financial support. Recipient charities were invited to the company’s West Des Moines headquarters to further connect with employees about their organization and mission.

Lincoln Savings Bank (LSB) is honored to be named the No. 1 Bank in Iowa on Forbes’ 2025 “America’s Best-In-State Banks” list—for a consecutive year. This recognition reflects the trust and support of the communities LSB proudly serves across Central and Northeast Iowa.

The Western States Petroleum Association (WSPA) Board of Directors today announced the appointment of Jodie Muller as its new President and Chief Executive Officer, effective September 1. Muller currently serves as WSPA’s Chief Operating Officer and Senior Vice President, a position she has held since 2019. She joined the organization -- the nation’s oldest oil and gas trade association -- in 1999.

Zultys, an omnichannel provider of Unified Communications with an Integrated Contact Center, has achieved ClassLink certification — unlocking new advantages for Zultys Partners in the competitive state, local, and education (SLED) market. With this certification, Zultys Partners can now offer seamless Single Sign-On (SSO) and Multi-Factor Authentication (MFA) integration through ClassLink, making it easier for schools and government agencies to incorporate Zultys into their existing systems and streamline access.

The "World Mattress Industry 2025" report has been added to ResearchAndMarkets.com's offering.

Casey’s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, will issue first quarter fiscal 2026 results after the market closes on September 8th, 2025. Casey’s will hold a conference call and webcast on Tuesday, September 9th at 7:30am central to review the results.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Unicycive Therapeutics, Inc. (“Unicycive” or “the Company”) (NASDAQ: UNCY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Woodchuck, the AI-powered climate-tech startup redefining how construction and manufacturing industries handle wood waste, is excited to announce its upcoming feature on the award-winning television series Advancements with Ted Danson. The episode will air on Saturday, August 30th at 8:00 PM ET on Bloomberg TV.

Aqua Finance, Inc. (“Aqua”), a leading provider of consumer financing solutions, and Wells Fargo Commercial Distribution Finance, LLC (Inventory Finance) today announced a new retail financing program, provided by Aqua, for a variety of recreational products including boats, RVs, and powersports, in collaboration with top original equipment manufacturers (“OEMs”) including Brunswick, E-Z-GO, KTM North America, Inc., and Winnebago Industries. The new program streamlines processes for dealers by integrating Aqua’s retail financial services with inventory floorplan financing from Inventory Finance delivering enhanced operating efficiency, cash flow conversion, and interest savings.*

The Transload Group LLC, a leading provider of rail transloading and logistics services, today voiced its strong support for the announced merger between Union Pacific Railroad and Norfolk Southern Corporation. The combination of these two freight rail giants will create the first truly transcontinental railroad in American history, connecting over 50,000 miles of track across 43 states from coast to coast.