Current location:entertainment >>
Investors trying to take control of Norfolk Southern railroad pick up key support
entertainment57People 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.“Culture Curve news portal”。http://armenia.allesfuersjagen.com/content-08e599916.html
Related articles
Horoscope today: Daily guide to what the stars have in store for YOU
entertainment'Shinrin-Yoku' is the Japanese term for a 'forest bath'. It's the practice of immersing in nature as ...
Read moreNew faces set to lead China
entertainmentAn aerial photo of Sanjiangyuan National Park in Northwest China's Qinghai province. [Photo provided ...
Read moreEurope's far
entertainmentEuropean Commission President Ursula von der Leyen speaks during a press conference, on the day of a ...
Read more
Popular articles
Latest articles
LINKS
- South Carolina championship
- MLB Players Weekend returns from Aug. 16
- 17 states challenge federal rules entitling workers to accommodations for abortion
- QB Jaden Rashada transfers to Georgia after leaving Arizona State
- Ashley Tisdale confesses 'being sick while pregnant is no fun' after revealing her 3
- Taylor Swift flew her private jets 178,000 miles last year for her Eras Tour
- Federal judge temporarily blocks confusing Montana voter registration law
- Countertenor Anthony Roth Costanzo to become general director of Opera Philadelphia
- Trump downplays deadly Charlottesville rally with comparison to campus protests
- Laura Dern, 57, supported by daughter Jaya Harper, 19, as she co