Ancora pressures CSX to explore a deal, WSJ reports

ReutersAug 19, 2025 5:25 PM

Aug 19 (Reuters) - Activist investor Ancora Holdings has told Railroad operator CSX CSX.O to pursue a deal with a rival or replace its CEO, the Wall Street Journal reported on Tuesday, citing a letter.

Ancora is prepared to launch a proxy fight for board seats later this year if CSX doesn't heed its advice, the report said.

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