Your current location:HOME >entertainment >Investors trying to take control of Norfolk Southern railroad pick up key support 正文
TIME:2024-05-21 10:38:19 Source: Internet compilationEdit:entertainment
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.”
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City2024-05-21 10:18
More videos of Kiwi hostage Philip Mehrtens in Papua warn against Indonesian military air strikes2024-05-21 10:11
Niwa proposes to cut up to 90 jobs2024-05-21 09:51
Law change needed to help at2024-05-21 09:49
‘The Blue Angels,’ filmed for IMAX, puts viewers in the ‘box’ with the elite flying squad2024-05-21 09:46
Watch: PM Christopher Luxon announces building products shake2024-05-21 09:02
Killer whale vs shark: Solo orca eats great white2024-05-21 08:34
New Climate Change Minister Simon Watts not expecting criticism at COP28 over fossil fuels U2024-05-21 08:30
Dodgers acquire pitcher Yohan Ramírez from Mets for cash2024-05-21 08:19
Four things to watch out for as Americans vote2024-05-21 07:54
Ben Whishaw lights up the Croisette as he joins his co2024-05-21 09:22
Hello Kitty theme park shut down after terrorist threat2024-05-21 09:12
New Climate Change Minister Simon Watts not expecting criticism at COP28 over fossil fuels U2024-05-21 08:37
Hamilton mayor's Anzac trip to Belgium criticised amid massive rates rise2024-05-21 08:30
Sweden beats France, Britain relegated after losing to Norway at hockey worlds2024-05-21 08:24
Banging sound from Titan submersible search heard for first time in UK documentary2024-05-21 08:16
Christopher Luxon and business leaders to travel to South East Asia on trade, diplomatic mission2024-05-21 08:06
Niwa proposes to cut up to 90 jobs2024-05-21 08:03
What's next for Iran after death of its president in crash?2024-05-21 08:01
Attendance action plan includes daily data, traffic light system2024-05-21 07:54