Current location:world >>
Investors trying to take control of Norfolk Southern railroad pick up key support
world98152People 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.“Global Glance news portal”。http://benin.lochsaege.com/news-20d899124.html
Related articles
Here comes the char
worldTom Holland enjoyed a post-show cup of tea and proudly waved to fans as he left the Duke of York's T ...
【world】
Read moreTaylor Wenczkowski scores in 3rd OT, Boston beats Montreal 2
worldLAVAL, Quebec (AP) — Taylor Wenczkowski scored at 11:44 of the third overtime to give Boston a 2-1 v ...
【world】
Read more'Father of the 401(K)' reveals the biggest downside of his creation
worldHe is credited with overhauling the way millions of Americans think about and save for retirement.Bu ...
【world】
Read more
Popular articles
- French sports minister calls for sanctions after Monaco player tapes over anti
- Netflix under fire over 'low
- The masters of SEXPIONAGE: Glamorous female spies who used sex to lure male targets
- Hamas announce a British
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Queen Camilla's first
Latest articles
Yu Darvish extends scoreless innings streak to 25 in Padres' 9
Caitlin Clark the focus of talks about race, double standards in sports
Donald Trump's very Jersey Shore rally: Ex
Atlanta: Armed man killed, 3 officers wounded in altercation
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
Catholic priest stuns worshippers by telling them Christ had an erection when he died on the cross
LINKS
- 4th Int'l garden festival kicks off in Beijing
- New Godzilla x Kong film tops Chinese box office
- Alonso steps away from unprecedented glory with Leverkusen
- China Shenzhou
- China starts building phase II of spallation neutron source to help boost sci
- China unveils highest
- Shanghai Half Marathon gets ready to gun off
- Asian soccer body set to end presidential term limits in latest pushback on anti
- Chinese mainland, HK resume normal travel after three years
- Southgate names England squad for friendlies