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Eastern Railroad Discussion > NS gains an unlikely allyDate: 04/18/24 17:27 NS gains an unlikely ally Author: calumet NS management has acquired some unexpected support,,,,,two correspondents at Forbes magazine:
Norfolk Southern is getting back on track–but activist investor Ancora is trying to derail it in a vicious proxy fight (yahoo.com) Date: 04/18/24 20:42 Re: NS gains an unlikely ally Author: akpsteam I find it curious that Edgepoint parted ways with Ancora and one of Ancora's slated directors withdrew.
Date: 04/19/24 12:43 Re: NS gains an unlikely ally Author: bioyans I find it ironic that Ancora is taking personal shots at NS's new COO, when their own candidate for the position is rumored to have been terminated by CSX for inappropriate conduct.
Posted from Android Date: 04/19/24 19:42 Re: NS gains an unlikely ally Author: nsrlink bioyans Wrote:
------------------------------------------------------- > I find it ironic that Ancora is taking personal > shots at NS's new COO, when their own candidate > for the position is rumored to have been > terminated by CSX for inappropriate conduct. And don't we think Boom Boom has a similar non-compete Ancora will have to pay out for him? Date: 04/20/24 06:08 Re: NS gains an unlikely ally Author: Lackawanna484 In many cases, the hiring company would pay or settle up with the company holding the non-compete.
In that situation, NS share owners would pay CSX. Now, to be cynical, would CSX be better off taking a cash settlement from NS, getting out from under 10 years of payments, and letting Me Boychuk run NS, Or would they be better off blocking the deal? Posted from Android |