Ancora, Norfolk Southern strike settlement deal to avert proxy …
14 hours ago · Norfolk Southern and activist Ancora struck a deal to avert a second proxy fight in as many years, the railroad announced Thursday morning. Norfolk's board will expand from 13 members to 14 ...
Norfolk Southern makes deal with investors to prevent ... - ABC News
4 hours ago · Norfolk Southern says it has a deal with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad Norfolk Southern announced an ...
Norfolk Southern to add new board member as part of deal with Ancora …
7 hours ago · Feedback. Norfolk Southern will add a new member to its board of directors — the 14th overall and 13th independent director — under a “cooperation agreement” with shareholder Ancora ...
Norfolk Southern makes deal with investors to prevent another …
5 hours ago · Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year's campaign to take control of the railroad. Under the deal, Norfolk ...
Norfolk Southern makes deal with investors to prevent
5 hours ago · Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year's campaign to take control of the railroad. Under the deal, Norfolk ...
Norfolk Southern to Add New Independent Director to Board via ...
14 hours ago · ATLANTA, Nov. 14, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora ...
Activist Ancora Wins Three Norfolk Southern Board Seats but …
May 9, 2024 · Shareholders of Norfolk Southern, the beleaguered freight railroad, on Thursday voted down an attempt by an activist investment firm to remove the company’s chief executive and take control of...
Activist investor wins 3 Norfolk Southern board seats but won’t …
May 9, 2024 · Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.
Investors trying to take control of Norfolk Southern railroad pick …
Apr 29, 2024 · Ancora — and the former UPS and CSX railroad executives the investors nominated to lead Norfolk Southern — argue that a dramatic overhaul of the railroad’s operations is needed to streamline the way its trains move and bring Norfolk Southern’s profits in …
Norfolk Southern urges shareholders to reject activist investor's ...
Feb 27, 2024 · Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors to take over the railroad. Norfolk Southern urged shareholders Monday, Feb. 26, 2024 to reject Ancora Holdings eight board nominees when it filed its proxy statement. (AP Photo/Gene J. Puskar, file) OMAHA, Neb. (AP ...