Your current location:HOME >opinions >Investors trying to take control of Norfolk Southern railroad pick up key support 正文
TIME:2024-05-22 11:27:52 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.”
The Los Angeles Rams will hold their training camp at Loyola Marymount University this summer2024-05-22 11:25
Yvette Fielding says her Most Haunted co2024-05-22 11:05
Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry2024-05-22 10:44
California congressman urges closer consultation with tribes on offshore wind2024-05-22 10:09
Buxton homers twice, Ryan works 7 scoreless innings as Twins end 72024-05-22 10:03
Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry2024-05-22 09:46
Here comes the char2024-05-22 09:40
Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang2024-05-22 09:30
US defender John Brooks to leave German club Hoffenheim2024-05-22 09:13
Analysis: Larson enters conversation with Verstappen as best drivers in the world2024-05-22 09:07
Election 2024: Biden and the Democrats raised far less in April than Trump and the GOP2024-05-22 11:24
Six killed in a 'foiled coup' in Congo, the army says2024-05-22 10:35
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City2024-05-22 09:56
'Constantly learning' Imanaga off to impressive start with the Chicago Cubs2024-05-22 09:35
Analysis: Bryson DeChambeau doesn't win the PGA trophy, but he does win the crowd2024-05-22 09:30
Fresh heartache for cancer2024-05-22 09:29
Siblings trying to make US water polo teams for Paris Olympics2024-05-22 09:10
Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS2024-05-22 08:58
Trump says he is open to restrictions on contraception before backing away from the statement2024-05-22 08:55
Messi in and Dybala out in Argentina squad for pre2024-05-22 08:45