CSX Seeks Shareholder Input on Activist Investor’s Requests - News Summed Up

CSX Seeks Shareholder Input on Activist Investor’s Requests


CSX Corp. turned the tables on an activist investor that threatened a fight for control of the railroad operator’s board, revealing the investor’s demands and calling for its shareholders to vote on the matter. The company said it made a written offer last week to hire railroad veteran Hunter Harrison as chief executive and to allow activist investor Paul Hilal to nominate five directors. But the company said talks fell apart over...


Source: Wall Street Journal February 15, 2017 00:43 UTC



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