(Source: Jacksonville Business Journal, February 17, 2017)
JACKSONVILLE, Fla. — Analysts have applauded the Board of CSX Corp. for calling a special meeting of shareholders to seek their guidance on certain requests made by rail legend Hunter Harrison and activist investor Paul Hilal, CEO of Mantle Ridge investment firm. The requests include an unprecedented employment deal for Harrison that is estimated to cost CSX over $300 million.
Full story: Jacksonville Business Journal