Apr 16, 2024, 9:50 PM
Apr 16, 2024, 9:42 PM

The US labor union supports Norfolk in the proxy battle with Ancora

Yahoo! News
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US labor union backs Norfolk in proxy battle with Ancora

US labor union backs Norfolk in proxy battle with Ancora. Union: "Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" Union: Election of proposed directors will derail safety and service improvements underway at Norfolk. Norfolk Southern has been accused of negligence leading to a 2023 train derailment in Ohio.

Yahoo! News
/
Source
US labor union backs Norfolk in proxy battle with Ancora

US labor union backs Norfolk in proxy battle with hedge fund Ancora. Hedge fund proposed replacement of Norfolk Southern's top management, including its CEO. Union: "Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" Hedge fund's plans for railroad would compromise safety and improvements being considered, union says.

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