Current location:entertainment >>
Investors trying to take control of Norfolk Southern railroad pick up key support
entertainment87861People 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.”
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Worldly Wisdom news portal”。http://sierraleone.downmusic.org/news-53a199758.html
Related articles
Shooting injures 2 at Missouri high school graduation ceremony
entertainmentCAPE GIRARDEAU, Mo. (AP) — Two people were injured when gunfire broke out during a high school gradu ...
Read moreAdin Hill flashes old playoff form as Golden Knights beat Stars 2
entertainmentLAS VEGAS (AP) — Beginning with Tyler Seguin on a breakaway, the shots came in waves at Vegas goalie ...
Read moreFans react with horror to Britney Spears' meltdown amid new fears for her safety
entertainmentBritney Spears was the topic of discussion Thursday online after making headlines when she was taken ...
Read more
Popular articles
Latest articles
Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
Bradley Cooper the doting dad holds hands with daughter Lea De Seine, seven
Senate races are roiled by campus protests over the war in Gaza as campaign rhetoric sharpens
King Charles bursts into laughter as high
The Latest
Kaia Gerber flashes a hint of her taut tummy in a T
LINKS
- Xi Focus: Xi Stresses High
- Scholz's visit to focus on Sino
- Global Digital Economy Conference 2022 held in Beijing
- Tourism festival spurs consumption in Shanghai
- Xi Stresses Advancing High
- City in east China sees increased NEVs production
- Blueberries enter harvest season in China's Guizhou
- Scenery of Xiaxi Reservoir in SW China's Guizhou
- Chinese embassy slams Canadian PM's accusation on Chinese interference in Canadian elections
- China takes countermeasures against U.S. companies selling arms to Taiwan