BRIEF-Ancora Urges CSX To Aggressively Pursue A Value-Maximizing Merger

Reuters
Aug 20
BRIEF-Ancora Urges CSX To Aggressively Pursue A Value-Maximizing Merger

Aug 19 (Reuters) - ANCORA:

  • ANCORA ISSUES LETTER TO CSX'S BOARD REGARDING NEED TO AVERT A PERMANENT IMPAIRMENT OF VALUE AND AGGRESSIVELY PURSUE A VALUE-MAXIMIZING MERGER

  • ANCORA HOLDINGS GROUP: URGES CSX BOARD TO TERMINATE JOE HINRICHS, IF A MERGER CANNOT BE CONSUMMATED IN A TIMELY MANNER

  • ANCORA HOLDINGS GROUP: BELIEVES CSX SHOULD BE CONDUCTING ONGOING CONVERSATIONS WITH BNSF RAILWAY COMPANY AND CANADIAN PACIFIC KANSAS CITY LIMITED

  • ANCORA HOLDINGS GROUP: CSX BOARD SHOULD IMMEDIATELY ANNOUNCE FORMAL RETENTION OF AN INVESTMENT BANK & PLAN TO EXPLORE MERGERS

((Reuters.Briefs@thomsonreuters.com;))

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