Brief: Ancora Urges CSX To Aggressively Pursue A Value-Maximizing Merger
19/08/2025 19:23
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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