Tag Archives: standalone-basis


Shareholder Sues CSX, Hedge Funds Over Short-Swing

October 30, 2008 : Permalink

CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight earlier this year. The lawsuit, […]

Hedge Fund Manager Attempts Overhaul of Noront’s Board of Directors

October 10, 2008 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund manager Rosseau Asset Management Ltd. and certain related parties have  filed a dissident’s proxy circular (the "Dissident’s Circular") to Noront Resources Ltd., in which the hedge fund group controls over approximately 9.2% of […]

CSX loses fight to block hedge funds

September 16, 2008 : Permalink

Florida Times Union – CSX Corp.’s proxy fight with two hedge funds apparently ended Monday, after an appellate court turned down CSX’s attempt to block some of the funds’ votes for the company’s board of directors. CSX, which had already […]

Hedge Fund Harbinger Buys Nearly 5% of Cablevision

August 15, 2008 : Permalink

West Palm Beach (HedgeCo.net) –  Harbinger Capital Management, an activist hedge fund, has accumulated a 4.9% stake in Cablevision Systems Corp, according to The Wall Street Journal. In a regulatory filing, Harbinger said that it had bought 11.45 million of […]

Hedge funds get 4 of 5 candidates on CSX board

July 17, 2008 : Permalink

Bizjournals.com- CSX Corp’s board is in for a bumpy ride despite assurances from the railroad and two rival hedge funds they will work together to maximize profitability, a railroad analyst said. "Everyone is human and the proxy fight between them […]

CSX and Hedge Funds Warm Up Before Proxy Battle

June 10, 2008 : Permalink

New York (HedgeCo.Net) – CSX and dissident shareholders sounded off yesterday, as they shared their cases to an advisory firm and outlined their differing plans for the railroad operator’s future. With a proxy fight in the future, TCI and 3G […]