Your current location:HOME >health >Investors trying to take control of Norfolk Southern railroad pick up key support 正文
TIME:2024-04-30 12:53:15 Source: Internet compilationEdit:health
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.”
Morel hits tiebreaking HR off Díaz in 9th and Cubs top Mets 32024-04-30 12:50
No thanks to traditional meals, say Gen Z2024-04-30 12:17
How directors, distributors and devotees are struggling to keep Hong Kong cinema alive2024-04-30 12:16
China and India hold talks over Ladakh border standoff2024-04-30 11:58
Patriots' Christian Barmore agrees to 42024-04-30 11:55
Coronavirus: China to test 9 million people as cluster detected in city of Qingdao2024-04-30 11:46
Second murder charge laid after death of Ōpōtiki Mongrel Mob Barbarians president Steven Taiatini2024-04-30 11:23
Whakaari/White Island owners appealing criminal conviction2024-04-30 10:55
Chinese military ready to boost ties with Indonesian counterpart: defense spokesperson2024-04-30 10:49
Iran sentences Nobel laureate Narges Mohammadi to additional prison term2024-04-30 10:39
Travis Kelce names Taylor Swift his 'significant other' at the Mahomes' charity gala in Las Vegas2024-04-30 12:47
China's population drops for 2nd year, with record low birth rate2024-04-30 12:44
‘Easter is a time to remember . . . to remember, amid all the distractions of life’2024-04-30 11:59
You don’t have to go full vegetarian to reduce your carbon footprint2024-04-30 11:58
Scarred UNESCO World Heritage site Jiuzhaigou recovers after quake2024-04-30 11:55
Alec Baldwin again charged with manslaughter in 'Rust' movie2024-04-30 11:53
Government to spend more money on silt clean2024-04-30 11:41
Tauranga bars to close earlier under booze rule changes2024-04-30 11:38
The North London neighbourhood plagued by anti2024-04-30 11:01
Labour Party says use of Andrew Tate image in Instagram post a mistake2024-04-30 10:38