FW: Ancora didn’t oust Norfolk Southern’s Shaw at first but ultimately succeeded
FREIGHTWAVES reports: In the end, Ancora got its man. In a stunning turn of events that could ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
So that’s the end of that one – what an almighty waste of time. Ahead of the expected rejection by US regulators of structure of a proposed Canadian Pacific-Norfolk Southern “voting trust”, the Canadian railroad’s charismatic chief executive Hunter Harrison has ditched attempts to buy its US counterpart. The news probably comes as a huge relief to Norfolk Southern’s management, which had found itself the object of sustained criticism from CP management and investors.
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