Board Battle Intensifies Between Norfolk Southern and Activist Ancora over Labor Negotiation

Monday, 29 April 2024, 16:38

The board battle between Norfolk Southern Corp. and Ancora Holdings Group reached new heights as the railroad confronts the activist investor in a heated labor negotiation. The tension escalated on Monday as Ancora secured the support of the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters, intensifying the conflict.

https://store.livarava.com/47e080bf-0647-11ef-a6c0-63e1980711b2.png — Board Battle Intensifies Between Norfolk Southern and Activist Ancora over Labor Negotiation

War of Words Escalates

The war of words in the board battle between Norfolk Southern Corp. and Ancora Holdings Group intensified Monday after the activist investor clinched the support of the Brotherhood of Locomotive Engineers and Trainmen Division of the International Brotherhood of Teamsters.

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