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Hedge funds propose CSX directors, starting proxy battle

(The following story by Michael J. de la Merced appeared on the New York Times website on December 19.) NEW YORK — An activist hedge fund that has feuded with the railroad operator CSX over its strategy proposed a slate of five alternate directors on Wednesday,...

CSX expresses confidence in current directors

(The following appeared at CNN.com on December 19.) SAN FRANCISCO — CSX Corp. responded Wednesday to an investor group’s plans nominate a minority slate of directors to stand for election at the 2008 annual meeting, saying it has confidence in the current board....

CSX leadership under pressure

(The Associated Press circulated the following story by Travis Reed on December 19.) ORLANDO — An activist London asset manager intensified pressure Wednesday on CSX Corp. to change leadership by partnering with a private firm and nominating a new minority slate for...

Winter Haven residents battle to stop CSX

(The following story appeared on The Ledger website on December 19.) WINTER HAVEN, Fla. — A federal judge has refused the city of Winter Haven’s request to dismiss a lawsuit filed by 10 families seeking to block CSX plans to build a rail-transfer facility next to...

Opinion: CSX proves it can be trusted

(The following editorial appeared on the News-Herald website on December 17.) WILLOUGHBY, Ohio — Thousands were inconvenienced by a train derailment Oct. 10 in Painesville. Among those least inconvenienced were motorists who found alternate ways to get around closed...

Working on the railroad? Not likely

(The following story by Rick Rousos appeared on The Lakeland Ledger website on December 15.) WINTER HAVEN, Fla. — To anyone from Polk County hoping for one of 200 CSX jobs when the company finishes the initial section of its Winter Haven rail hub: Don’t hold...

No CSX probe in Fla.

(The following story by Tom Palmer appeared on the Lakeland Ledger website on December 14.) LAKELAND, Fla. — State Attorney Jerry Hill has turned down a request by Karl Pansler, a lawyer with an office in downtown Lakeland, to investigate the alleged secrecy...

Fla. lawmakers question CSX rail deal

(The following story by Lindsay Peterson appeared on The Tampa Tribune website on December 13.) TALLAHASSEE, Fla. — Florida lawmakers said Thursday that the state’s $491 million agreement with CSX Transportation is not a done deal and that lawmakers will debate...