From the document: “The bottom line is that it is time to actually move Norfolk Southern forward. Moving ahead starts with identifying the right destination. Our slate and proposed management team believe they have the experience and strategy required to turn Norfolk Southern into a safer, more sustainable railroad that is growing profitably while also yielding more stability for customers and employees. As shown in our presentation, this is a far cry from where Norfolk Southern stands today under Mr. Shaw and his loyal backers in the boardroom. In the coming weeks, we look forward to sharing a second presentation that focuses on our 100-day transition plan and the details of our reliable network strategy that will leverage Norfolk Southern’s existing assets and people to get the organization to the right destination. We will show that a better day is in reach—one that includes enhanced value for customers, communities, employees and shareholders.”
Safety is not a complicated issue, but this takeover is…
BLET (in February) initially opposed the takeover
BLET recently (At the end of April) changed positions and are now supporting Ancora’s takeover.
So I don’t really know who to side with on this issue tbh.
NS says they are going to do less PSR, but PSR is merely a buzzword and promises from current mamagement ring just as hollow as those from Ancora.