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Norfolk Southern CEO Alan Shaw criticizes Ancora Holdings' unreasonable settlement responses amidst a proxy fight over the railroad company's board.
Norfolk Southern CEO Alan Shaw has criticized activist investor Ancora Holdings' responses to settlement as "unreasonable", amidst a proxy fight over the railroad company's board.
Ancora Holdings aims to add eight directors to Norfolk Southern's board and oust CEO Alan Shaw.
The company faced criticism after a freight train derailment in East Palestine, Ohio, released toxic chemicals into the environment.
13 months ago
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