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.
Atlanta-based Norfolk Southern makes deal with investors to prevent another fight for railroad's control
Atlanta-based 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 will add board seat in settlement with activist investor
Norfolk Southern and Ancora reached a “cooperation agreement” in which the two will “work together to identify an independent director” to join the board.
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 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 board member as part of agreement 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 announced today.
Norfolk Southern makes deal with investors to prevent another fight for control of the railroad
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. Under the deal, Norfolk Southern will add another independent director to its board and work to further improve its operations.
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 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 Reaches Agreement With Ancora To Appoint Independent Director To Board
(RTTNews) - Norfolk Southern Corp. (NSC) announced that it has reached a cooperation agreement with Ancora Holdings Group, LLC. They will work together to identify an independent director to join ...
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