Ancora is expected to win some seats on Norfolk Southern’s board of directors after securing enough support from the railway operator’s shareholders, Reuters’ Svea Herbst-Bayliss reports, citing people familiar with the matter. Investor votes are still being counted ahead of Norfolk Southern’s annual meeting of shareholders on Thursday, and the final number of board seats that Ancora will get has not yet been determined, the sources say. Ancora has nominated 7 candidates to Norfolk Southern’s 13-member board.
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