Your current location:HOME >opinions >Investors trying to take control of Norfolk Southern railroad pick up key support 正文
TIME:2024-05-21 07:07:53 Source: Internet compilationEdit:opinions
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.”
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue2024-05-21 07:01
PM Christopher Luxon's tobacco 'talking points' contradicted official advice2024-05-21 06:41
Call for schools soft drink ban renewed after government implements cellphone ban2024-05-21 06:01
Tākaka man who died in mysterious circumstances named2024-05-21 05:18
Travis Kelce downs whiskey shot on slice of bread at Kelce Jam without Taylor Swift2024-05-21 05:07
Ukraine lowers conscription age after drop in volunteers to fight Russian invasion2024-05-21 05:04
Person in hospital after Dunedin house fire2024-05-21 04:48
Muhammad Ali's 'Thrilla in Manila' trunks expected to sell for $10m2024-05-21 04:25
Ship that caused Baltimore bridge collapse has been refloated2024-05-21 04:24
Roberto Cavalli: Italian fashion designer dies aged 832024-05-21 04:23
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad2024-05-21 06:54
Bangladesh PM Hasina secures fourth straight term in vote boycotted by main opposition2024-05-21 06:18
China's Hubei eases coronavirus curbs2024-05-21 05:55
'No new guns': Luxon's promise ahead of gun law reform2024-05-21 05:32
Verona confirms Serie A status for another year after beating Salernitana2024-05-21 05:12
Close to 200kg of methamphetamine stopped from entering NZ, Australia market2024-05-21 05:12
No sanctions on China over Hong Kong: PM2024-05-21 05:11
Peregrine lander: Technical hitch threatens US Moon mission2024-05-21 04:59
Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry2024-05-21 04:51
Politics updates: Kāinga Ora crackdown, changes to plug2024-05-21 04:38