Current location:entertainment >>
Investors trying to take control of Norfolk Southern railroad pick up key support
entertainment5People 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.“International Intervals news portal”。http://martinique.shellye-mcdaniel.com/content-64b299636.html
Related articles
OpenAI pauses ChatGPT voice after Scarlett Johansson comparisons
entertainmentNEW YORK (AP) — OpenAI says it plans to halt the use of one of its ChatGPT voices after some users s ...
Read moreGlobal lens: Nuke
entertainmentProtests erupt over Japan's move to release wastewater from damaged nuclear power plant into Pacific ...
Read moreInternational gold price expected to continue rising: analysts
entertainment(ECNS) –The international gold price maintained its upward trajectory, recording new highs on Friday ...
Read more
Popular articles
- Four people killed in a house explosion in southwestern Missouri
- Palestinian death toll in Gaza rises to 33,729: ministry
- Pakistan's PM says Belt and Road comes with benefits
- Ecuador's former vice president taken to hospital after arrest
- Four people killed in a house explosion in southwestern Missouri
- The Latest: Iran launches large
Latest articles
Devout Christian doctor, 68, who punched dementia
Japan draws up whitewash plan to salvage image
Mexican embassy staff leave Ecuador after break in diplomatic ties
Japan's move to discharge wastewater 'irresponsible'
With Djokovic awaiting the winner, Murray trails Hanfmann at rain
Premier calls on Europe to provide fair business environment
LINKS
- London, meet the new boss, same as the old boss. Mayor Sadiq Khan wins historic third term
- Bella Hadid looks ethereal in a strapless white dress in NYC
- Kansas has a new border security mission and tougher penalties for killing police dogs
- Six Million Dollar Man star Lee Majors, is 85! See how great the actor
- Kathryn Newton is ultra chic in head
- Rita Ora stuns in a sweeping orange coat and matching co
- Former Nickelodeon star Victoria Justice, 31, opens up about filming her first sex scene
- Britney Spears' sister Jamie Lynn Spears isn't bothered by Toxic singer branding her a 'b***h
- A group of Republicans has united to defend the legitimacy of US elections and those who run them
- King Charles bursts into laughter as high