Tag Archives: japanese-government


Stalled! CSX vs. the Hedge Funds will Continue

New York (HedgeCo.Net) -The much anticipated annual meeting of railroad operator CSX took an odd turn when results of Board elections were kept from the media and CSX head Michael Ward abruptly ended the meeting. The elections were a subject […]

Hedge funds to continue quest for board seats despite ruling

New York (HedgeCo.Net) – The proxy battle waged by two hedge funds against railroad operator CSX is far from over, despite a ruling against the funds last week. TCI, who runs the Children’s Investment Fund of Britain, and 3G Capital […]

UK fund tries new tactic in face of Japanese ban

Guardian Unlimited- The Children’s Investment Fund has bought shares in two major investors in the Japanese company J-Power, weeks after its attempt to double its stake in the electricity supplier was blocked by the Japanese government. The hedge fund – […]

CSX Case Challenges Hedge Funds

New York Post- A looming decision in a heated lawsuit brought by railroad giant CSX Corp. could shut down a loophole used by activist hedge funds to hide their stake from the market. CSX alleges that two big hedge funds […]

TCI buys shares in Mizuho, Kajima in J-Power fight

Reuters- British investor The Children’s Investment Fund (TCI) said it had bought stakes in Mizuho Financial Group, Kajima Corp, and about eight other shareholders in J-Power, in order to raise pressure on the electricity wholesaler. Mizuho, Japan’s second-largest bank, and […]

Hedge funds urge CSX shareholders to elect their board slate

CNN Money- Two hedge funds urged shareholders of CSX Corp. on Tuesday to elect their minority slate of five board candidates, arguing that their nominees have more industry experience and a greater financial stake in the railroad operator. The hedge […]

CSX, hedge funds face off in US court

Reuters- The chief executive of CSX Corp said in court on Wednesday he felt targeted by activist investors seeking to get seats on the board of directors, but the rail company negotiated with them in good faith to try to […]