April 28 (Reuters) - Cleveland-Cliffs , a major customer of Norfolk Southern , has backed activist investor Ancora Holdings Group in its effort to overhaul the board of the railway company, Bloomberg News reported on Sunday.
Cleveland-Cliffs is supporting Ancora’s campaign to have seven directors and a new chief executive officer installed at Norfolk Southern, the report said, citing a letter.
(Reporting by Gnaneshwar Rajan in Bengaluru)
((Gnaneshwar.Rajan@thomsonreuters.com;))
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