1. CSX: Fighting A Losing Battle

    CSX: Fighting A Losing Battle

    Summary CSX is battling back against Bill Ackman protege Paul Hilal. The rail company has bought itself some additional time - calling a special meeting to allow shareholders to vote on the activist’s proposal. The likely path is that CSX "goes around" the activist to bring in rail expert Hunter Harrison. CSX (NYSE: CSX ) is pushing back at activist investor Paul Hilal's Mantle Ridge, which owns 4.9% of the railroad company...

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