Current location:Global Graph news portal > world
Investors trying to take control of Norfolk Southern railroad pick up key support
Global Graph news portal2024-04-30 18:49:44【world】2People 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://faroeislands.intifocus.com/html-31f499513.html
Very good!(8411)
Previous: Shocking moment drink
Related articles
- Historic woods turned into 'desolate wasteland' by fly
- China had over 1.26 mln UAVs by end of 2023
- ADB economist lauds efforts to sustain growth
- 90s rock star, 57, showcases her timeless beauty as she returns to the spotlight after 20
- Nvidia to buy Israeli AI company for estimated $700M
- Feature: China's rural poor find new horizons in infrastructure development
- China strives to refuel economy with green hydrogen energy
- Experts at Boao forum express optimism about AI but urge oversight
- At least 40 people die in Kenya after dam collapses
- Eiza Gonzales is radiant in behind
Popular articles
Recommended
Iconic former Uruguayan President Jose Mujica says he has esophageal cancer
China had over 1.26 mln UAVs by end of 2023
Michelle Keegan celebrates new record for Netflix show Fool Me Once as she looks to crack America
Big Brother 'forced to DEMOLISH iconic house due to drunken chaos and failed James Bond twist'
Deepfake of principal's voice is the latest case of AI being used for harm
William Contreras drives in 2 runs for Brewers in a 2
The 10 WORST lyrics in Taylor Swift's new album
Soar, slide, splash? It’s skiers’ choice as spring’s wacky pond skimming tradition returns
Links
- Competition
- Jets defenseman Brenden Dillon heads to locker room with hand bleeding after fight following game
- South African Freedom Day: All you need to know
- Brandi Glanville is 'still struggling' amid Bravo legal drama and health issues
- The surprising sexual kink that is most likely to result in orgasm, new study suggests
- Luton loses at Wolves in another blow to survival bid in EPL
- Elliss, Jenkins, McCaffrey join Harrison and Alt in following their fathers into the NFL
- Inside the head
- PBOC may up bond trading
- Uli Hoeneß and Thomas Tuchel expose divisions at Bayern Munich before Real Madrid clash