Thursday, June 26, 2008

A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com

Update: A few weeks ago we saw the case of The Childrens' Investment Fund (TCI) vs. CSX. If you remember the hedge fund was in the midst of a proxy battle with CSX. Here is that story.Well the vote was yesterday and while the vote was close, TCI is acting like the victor. A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com: "After the shareholders cast their votes, the funds, which

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