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Norfolk Southern, Ancora
Norfolk Southern Retains CEO Alan Shaw After Shareholder Vote, Ending Proxy Fight
Activist investor Ancora had three director nominees elected to Norfolk Southern's board, with chair Amy Miles being ousted in the vote.
Norfolk Southern CEO survives proxy fight vs. activist investor
Norfolk Southern CEO Alan Shaw survived the company's proxy fight against an activist investor. But Ancora Alternatives made inroads in its attempt to reshape the Atlanta-based railroad.
Norfolk Southern investors elect three Ancora directors, CEO Shaw is re-elected
Activist investor Ancora Holdings won three board seats at Norfolk Southern but failed to oust the railway's chief executive, disappointing investors who pushed the stock price lower in early trading.
3d
on MSN
Norfolk Southern Shareholders Vote Thursday to Keep or Fire CEO
Chief Executive Alan Shaw says the proxy fight is about the future of the railroad industry.
3d
on MSN
Norfolk Southern shares down 3.2% after shareholders’ split decision in board battle
Shares of Norfolk Southern Corp. are down 3.2% Thursday after a preliminary count of shareholder votes indicated a split ...
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