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Activist investor Ancora Holdings, which recently announced it had taken an increased stake in CSX, is increasing pressure on the railroad to pursue a merger. The hedge fund today released a letter it ...
(Reuters) -CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services to boost freight ...
CSX Corporation (NASDAQ:CSX) stock fell as much as 5% Friday morning after announcing new intermodal service agreements with BNSF Railway, amid recent activist pressure for the company to pursue ...
The intermodal services announcement came three days after activity hedge fund Ancora Holdings Group LLC announced it sent a ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
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Activist Investor Demands CSX Explore a Merger or Oust CEO
Ancora called on CSX to engage with both BNSF and CPKC, as "no railroad has more to lose" if the Union Pacific-Norfolk ...
Earlier this month, activist investor Ancora Holdings LLC penned a letter to the Board of Directors at Jacksonville-based ...
CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that ...
Ancora, which at the end of July described itself as a “growing shareholder” in CSX, on Tuesday, Aug. 19, released a letter it has sent to the rail operator that details the ways it believes the ...
NEW YORK (Reuters) -Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX after recently buying a stake, people familiar with the matter said ...
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