CSX Activist Mantle Ridge Says Willing to Adjust Demands

(Reuters) The activist investor targeting U.S. railroad operator CSX Corp. (CSX.O) said in a letter to the company’s board on Thursday that he was willing to adjust certain demands as long as his CEO candidate was guaranteed a four-year contract.

The letter from Mantle Ridge LP’s chief executive officer, Paul Hilal, to CSX’s board is the latest development in the leadership fight brewing over the $10 billion rail company.

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