Current location:health >>
Investors trying to take control of Norfolk Southern railroad pick up key support
health6People 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 Compass news portal”。http://mauritius.downmusic.org/content-97b599380.html
Related articles
Celebrity birthdays for the week of May 26
healthCelebrity birthdays for the week of May 26-June 1:May 26: Sportscaster Brent Musburger is 85. Drumme ...
【health】
Read moreLet fruits of internet development benefit more countries, people
healthBy He Yin (People's Daily) 09:38, November 13, 2023On Nov. 8, Chinese President Xi Jinping addressed ...
【health】
Read moreLet fruits of internet development benefit more countries, people
healthBy He Yin (People's Daily) 09:38, November 13, 2023On Nov. 8, Chinese President Xi Jinping addressed ...
【health】
Read more
Popular articles
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Dramatic moment carpenter, 25, who stabbed four people then murdered a Good Samaritan is arrested
- Locals slam 'Britain's worst cycle lane' claiming it is still dangerous
- Foreign specialties set up stalls at China International Fair for Trade in Services
- Mystery artist who erected signs comparing pothole
- Chris Packham joins eco
Latest articles
Messi in and Dybala out in Argentina squad for pre
To ‘counter coercion,’ EU must first recognize ‘real coercion’
Royal Marines preparing to lead 'Dunkirk
News Analysis: Türkiye's economic woes far from over amid tumbling currency, looming debt
US overdose deaths dropped in 2023, the first time since 2018
Family of heiress who drowned are to sue her husband who was accused of killing her
LINKS
- Across China: More Young Chinese Sign up to Become Organ, Body Donors
- China Launches Campaign to Improve People's Digital Skills
- Freshmen Come to Register at Peking University
- China Takes Solid Steps to Foster Stronger Sense of Community for Chinese Nation
- Chinese Public Security Authority Urges Better Care for Police Officers
- China to See Population Shrink by 2025
- National Great Craftsman Forum Opens in Changsha, C China
- Freshmen Come to Register at Peking University
- Highlights of ISU Golden Spin of Zagreb
- Highlights of ISU Golden Spin of Zagreb