Current location:Worldly Winds news portal > entertainment
Investors trying to take control of Norfolk Southern railroad pick up key support
Worldly Winds news portal2024-05-21 13:59:59【entertainment】5People have gathered around
IntroductionThe 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.”
Address of this article:http://tunisia.cezaryphotography.com/news-75a399624.html
Very good!(6694)
Related articles
- Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy
- Chinese sci
- Steve Clifford ends Hornets coaching tenure as winningest coach in franchise history
- Encarnacion
- Verona confirms Serie A status for another year after beating Salernitana
- Russian businessman's tea journey to China
- Ancient tombs excavated in Guangzhou
- Mets get 2 in 8th to snap scoreless tie and beat Royals 2
- Verona confirms Serie A status for another year after beating Salernitana
- Frank Nazar scores on first shot in NHL debut with Chicago Blackhawks
Popular articles
Recommended
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
Masataka Yoshida hits 1 of 3 homers for the Red Sox, who beat Angels 5
How Queen Mary of Denmark has filled the last 10 days with four solo outings
Tokyo International Film Festival kicks off as China's Zhang Yimou wins lifetime award
Student fatally shot, suspect detained at Georgia's Kennesaw State University
InPics: People celebrate Laba Festival in Beijing
Ningxia delicacies tempt int'l diners' palates
Rockets beat playoff
Links
- Jets trade down a spot and then take Penn State offensive tackle Olu Fashanu at No. 11 in NFL draft
- As some universities negotiate with pro
- Charged in election interference cases, some are still in politics
- Brent Burns, Dmitry Orlov help Hurricanes hold on to beat Islanders 3
- Perez homers as KC beats Blue Jays 2
- Las Vegas Raiders take Georgia tight end Brock Bowers with the 13th pick in the NFL draft
- Ravens pick Clemson CB Nate Wiggins in the first round, adding depth and speed to their secondary
- Ruins of ancient Taoist temple found in north China
- Rooting for Trump to fail has made his stock shorters millions
- More than 50 aerospace information companies registered in Xiong'an New Area: official