Your current location:HOME >sport >Investors trying to take control of Norfolk Southern railroad pick up key support 正文
TIME:2024-05-21 07:10:48 Source: Internet compilationEdit:sport
The activist investors trying to take control of Norfolk Southern’s board are picking up key support
The activist investors trying to take control of Norfolk Southern’s board are picking up key support, but the railroad’s CEO promised Monday to fight the takeover attempt until a May 9 shareholder vote because he believes his strategy is the best in the long run for investors, customers and workers.
Ancora Holdings’ bid to elect seven new directors and replace management at the Atlanta-based railroad has gained the backing of one of the major proxy advisory firms, one of the railroad’s biggest customers and two of its largest labor unions in recent days.
But CEO Alan Shaw said he believes he still has the support of most of the railroad’s workers, investors and customers.
“The choice really couldn’t be any more clear for our shareholders,” Shaw said an interview with The Associated Press. “We make promises and we’ve continued to keep our promises, and we will continue to deliver. And we’ve got a long-term vision for Norfolk Southern where shareholders win, as opposed to the activists who’ve got a short-term and erratic approach where shareholders lose.”
Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry2024-05-21 07:05
Timberwolves center Rudy Gobert misses Game 2 in Denver2024-05-21 07:04
Happy birthday Archie! As the young royal turns five today2024-05-21 06:28
China extends more inclusive loans to small businesses2024-05-21 06:24
Target to lower prices on basic goods in response to inflation2024-05-21 06:09
I'm jealous of my husband's dead ex2024-05-21 05:43
Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits2024-05-21 05:37
Emerging trends for upcoming May Day holiday2024-05-21 05:26
Jon Wysocki dead at 53: Staind drummer passes away2024-05-21 05:24
Top secret D2024-05-21 04:40
Lynn Williams breaks NWSL goal2024-05-21 07:05
DR MAX PEMBERTON: We need more female doctors in the NHS... but there is a downside2024-05-21 07:04
A US company is fined $650,000 for illegally hiring children to clean meat processing plants2024-05-21 07:03
Overseas businessmen show confidence in Hong Kong's business environment2024-05-21 06:39
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise2024-05-21 05:45
Baby Reindeer knocked off Netflix's top spot by new 'must2024-05-21 05:37
Bank Holiday washout! Met Office issues nine2024-05-21 05:31
These 15 AP photos capturing migrants' struggle were honored with a Pulitzer Prize2024-05-21 05:24
Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky2024-05-21 04:44
What's making me bruise so easily from the slightest knock? ASK DR MARTIN SCURR2024-05-21 04:35