Norfolk Southern reaches agreement with Ancora

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 to add new independent director in cooperation pact with Ancora
Norfolk Southern (NSC) announced that it has entered into a cooperation agreement with Ancora Holdings after constructive engagement. Under the
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 reaches agreement with Ancora, to add new board director
EST Norfolk Southern (NSC) reaches agreement with Ancora, to add new board director Published first on TheFly – the ultimate
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.
Norfolk Southern enters cooperation pact with activist Ancora; to add one director
Norfolk Southern (NYSE:NSC) agreed to a cooperation pact with activist investor Ancora Holdings and will add one board member. Ancora and Norfolk Southern (NSC) will work together to find an independent director to add to the board,
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 ...
Norfolk to add new board member in settlement with activist investor
Following the agreement, Ancora will withdraw its nomination of four candidates for election to Norfolk's board, the company ...
Norfolk Southern’s Elkins on Its Next Chapter: Talking Transports
Norfolk Southern is entering a new chapter in its storied history as it moves past a devastating derailment, activist ...
Norfolk Southern rule that railcars be inspected in less than a minute sparks safety concerns
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this ...
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Lower emissions, more power: Norfolk Southern, Alstom, NENY team on hybrid train project
A new battery diesel hybrid locomotive under development in the Southern Tier will substantially cut emissions while ...
Future of 2 key access bridges in Reading up for discussion
READING, Pa. – The future of two key access bridges in Reading is on the table. "The bridges are older. They need work," said ...
MarketWatch1d
Norfolk Southern Corp. stock outperforms competitors on strong trading day
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Business Insider1d
Norfolk Southern price target raised to $305 from $290 at Barclays
Barclays analyst Brandon Oglenski raised the firm’s price target on Norfolk Southern (NSC) to $305 from $290 and keeps an Overweight rating on the shares. The firm says transportation equities ...