CSX and Hedge Funds Warm Up Before Proxy Battle
New York (HedgeCo.Net) – CSX and dissident shareholders sounded off yesterday, as they shared their cases to an advisory firm and outlined their differing plans for the railroad operator’s future. With...
View ArticleAhead of the Bell: CSX vs. hedge funds
Forbes- Shares of railroad operator CSX Corp. may trade actively Thursday after a federal judge’s ruling opened the doors to a proxy battle later this month. On Wednesday afternoon, the judge ruled...
View ArticleHedge funds to continue quest for board seats despite ruling
New York (HedgeCo.Net) – The proxy battle waged by two hedge funds against railroad operator CSX is far from over, despite a ruling against the funds last week. TCI, who runs the Children’s Investment...
View ArticleStalled! CSX vs. the Hedge Funds will Continue
New York (HedgeCo.Net) -The much anticipated annual meeting of railroad operator CSX took an odd turn when results of Board elections were kept from the media and CSX head Michael Ward abruptly ended...
View ArticleRuling: Hedge Funds Receive Their Rightful Seats on Board
New York (HedgeCo.Net) – Hedge fund TCI has won two more seats on the board of railroad operator CSX, in what looks to be the finale of a year-long proxy battle. A U.S. Court of Appeals judge ruled...
View ArticleShareholder Sues CSX, Hedge Funds Over Short-Swing
CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight...
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