Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
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.
Ancora, Norfolk Southern strike settlement deal to avert proxy fight
Norfolk Southern and activist investor Ancora struck a deal to avert a proxy fight at the railroad. Norfolk's board will expand from 13 members to 14 members as part of the settlement, the railroad said.
Norfolk Southern to add board member in deal with activist Ancora Holdings
The Atlanta-based railroad operator announced Thursday, Nov. 14, that under a cooperation agreement reached following what it termed "constructive engagement," Norfolk Southern and Ancora "will work together to identify an independent director" to join the company's board.
Norfolk Southern Reaches Deal with Activist Investor Firm
The Cleveland-based investment firm had sought to remove then-CEO Alan Shaw early in 2024, moves before he was eventually ousted by the railroad.
Norfolk Southern to add new board member as part of deal with Ancora Holdings
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 Holdings, NS
Norfolk Southern makes deal with investor to prevent another fight for board control
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.
Norfolk Southern reaches agreement with Ancora to add new Board director
Norfolk Southern (NSC) has entered into a cooperation agreement with Ancora under which Norfolk Southern and Ancora will work together to
Norfolk to add new board member in settlement with activist investor
Norfolk Southern said on Thursday it had agreed with activist investor Ancora Holdings to identify an independent director to join the railroad operator's board.
Norfolk Southern to Add New Director Under Settlement Deal With Ancora
Norfolk Southern (NSC) said Thursday that it struck a cooperation agreement with activist shareholder Ancora Holdings that will see the two parties collaborate on identifying a new independent director.
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Norfolk Southern
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