Norfolk southern: ancora makes unauthorized, value-destructive commitments on behalf of norfolk southern to buy votes

Clearly demonstrates ancora's nominees are not independent and are beholden only to ancora, not all shareholders ancora is in violation of the railway labor act, attempting to undermine the company's bargaining process atlanta , april 29, 2024 /prnewswire/ -- norfolk southern corporation (nyse: nsc) monday issued the following statement after being made aware that ancora holdings llc (ancora) has, without any authority or authorization, negotiated and signed a memorandum of understanding with the brotherhood of locomotive engineers and trainmen (blet), a division of the international brotherhood of teamsters. this unauthorized agreement purports to offer specific concessions by norfolk southern to the blet in exchange for the blet's support of ancora's attempt to gain control of the company's board.
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