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Ancora letter to CSX Board of Directors makes its case for CSX to explore merger options
Earlier this month, activist investor Ancora Holdings LLC penned a letter to the Board of Directors at Jacksonville-based Class I railroad carrier CSX, in which it stated that CSX CEO Joe Hinrichs has put the company in the position of having to play “catch up,
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 ...
Activist investor Ancora Holdings told railroad operator CSX it should pursue a deal with a rival or replace its chief ...
Ancora Holdings, a prolific activist investor in transports, has once again set its sights on an underperforming Class I ...
(Reuters) -CSX and Berkshire Hathaway-owned BNSF on Friday announced new coast-to-coast services to boost freight ...
CSX CEO Joe Hinrichs says his railroad strongly disagrees with the assertions that an activist investor made in a letter that ...
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