The history of playground fights and corporate takeovers shows that winners don’t have to play nice.
Add another chapter to that book with the announcement Wednesday that two activist hedge funds, represented by Schulte Roth & Zabel and Kirkland & Ellis, succeeded in getting four of their five nominees elected to CSX Corp.’s 12-person board. (The vote was held at the company’s June 25 annual meeting, but the preliminary results were not announced until Wednesday.)
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]