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Teamsters Back Ancora in Norfolk Southern Proxy Battle

Ancora Holdings, the investment firm waging a proxy fight against Norfolk Southern announced the support of the Brotherhood of Maintenance of Way Employees, part of the International Brotherhood of Teamsters. From CNBC: “It’s a tremendous vote of confidence to gain the support of the BMWED Teamsters—they are going to be a critical partner as we work to build a more efficient, safer, and sustainable railroad,” Barber said in a press release. 

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