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- A defeat of current Norfolk Southern management, credited with improving safety practices at the railroad since the February 3, 2023 derailment in East Palestine, Ohio, could make management at other railroads reluctant to take steps to improve safety if it means reduced profit margins.
finance.yahoo.com/news/proxy-fight-norfolk-southern-means-110031467.htmlWhat the proxy fight at Norfolk Southern means for railroad ...
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Will a defeat of Norfolk Southern make other railroads reluctant?
Will Norfolk Southern's CEO fight a takeover attempt until May 9?
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What's going on with the Norfolk Southern Railroad?
May 13, 2024 · Norfolk Southern and Ancora, which holds a large equity stake in the company, have been locked in a battle over the railroad operator's board.
Feb 27, 2024 · The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of the railroad industry.
May 8, 2024 · By Chris Isidore, CNN New York (CNN) — Just more than a year after a massive derailment of a Norfolk Southern freight train led to the release of circle-arrow Play Button
Feb 26, 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.
Apr 29, 2024 · 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.
May 7, 2024 · Late in the game, the head of the Surface Transportation Board is speaking out against replacing Norfolk Southern management, suggesting the effort threatens the U.S. rail network.
