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CSX Corp (CSX.O)

CSX.O on Nasdaq

47.91USD
23 Feb 2017
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Tue, Feb 21 2017

CSX calls for shareholder meeting over activist investor requests

U.S. rail operator CSX Corp said its board has called for a special meeting of its shareholders to discuss requests made by hedge fund Mantle Ridge LP, which is trying to install Hunter Harrison, outgoing chief executive of Canadian Pacific Railway Ltd as the company's chief executive.

CORRECTED-UPDATE 2-CSX calls for shareholder meeting over activist investor requests

Feb 14 U.S. rail operator CSX Corp said its board has called for a special meeting of its shareholders to discuss requests made by hedge fund Mantle Ridge LP, which is trying to install Hunter Harrison, outgoing chief executive of Canadian Pacific Railway Ltd as the company's chief executive.

CORRECTED-UPDATE 1-CSX activist Mantle Ridge says willing to adjust demands

Feb 16 The activist investor targeting U.S. railroad operator CSX Corp. said in a letter to the company's board on Thursday that he was willing to adjust certain demands as long as his CEO candidate was guaranteed a four-year contract.

UPDATE 2-CSX to cut 1,000 managers, CEO to exit as railway faces board shakeup

Feb 21 U.S. railroad operator CSX Corp will cut 1,000 management employees and its chief executive will retire in May, a company spokesman said on Tuesday, as activist investor Mantle Ridge LP pushes to shake up the company's board.

CORRECTED-UPDATE 2-CSX calls for shareholder meeting over activist investor requests

Feb 21 U.S. rail operator CSX Corp said its board has called for a special meeting of its shareholders to discuss requests made by hedge fund Mantle Ridge LP, which is trying to install Hunter Harrison, outgoing chief executive of Canadian Pacific Railway Ltd as the company's chief executive.

BRIEF-CSX appoints Fredrik Eliasson as president

* CSX Corp - announced decisions of Michael Ward, chairman,CEO, and Clarence Gooden, president, to retire from company effective May 31, 2017

CSX CEO Michael Ward to retire

Feb 21 U.S. railroad operator CSX Corp said on Tuesday Chairman and Chief Executive Michael Ward would retire, effective May 31, after being in the role for more than 14 years.

CSX activist Mantle Ridge says willing to adjust demands

The activist investor targeting U.S. railroad operator CSX Corp. said in a letter to the company's board on Thursday that he was willing to adjust certain demands as long as his CEO candidate was guaranteed a four-year contract.

BRIEF-CSX responds to Mantle Ridge

* CSX Corp - "board will carefully review letter sent to us this evening by Mantle Ridge and continue to act in best interests of all CSX shareholders" Source text for Eikon: Further company coverage:

Mantle Ridge responds to CSX call for special shareholder meeting

Feb 16 Activist investor Paul Hilal's Mantle Ridge LP has sent a letter to CSX Corp after the U.S. railroad operator called for a special meeting of its shareholders to discuss requests by the hedge fund.

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