Cleveland-Cliffs supports activist Ancora in proxy battle with Norfolk Southern

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Norfolk Southern locomotive cargo freight train with cars passing on railroad tracks in Georgia downtown midtown city in summer

ablokhin/iStock Editorial via Getty Images

Steelmaker Cleveland-Cliffs (CLF), a big customer of Norfolk Southern (NYSE:NSC), came out in support of activist Ancora Holdings in its proxy battle with the railroad company.

“As one of the largest customers of Norfolk Southern as well as a meaningful



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