CSX up after Reuters report on Toms Capital seeking meeting with co's board

** Shares of railroad operator CSX CSX.O rise 1.9% to $36.66

** Hedge fund Toms Capital Investment Management has requested to meet with CSX's board after recently buying a stake, raising speculation the firm may push for a possible merger, Reuters reports, citing people familiar with the matter

** Toms Capital invested in CSX during Q2, holding 5.6 million shares of common stock as of June 30

** It is unclear exactly what Toms Capital wants but Ben Pass, who runs the firm, has a history of pushing for mergers at companies like U.S. Steel and Kenvue KVUE.N, the report said

** Up to last close, CSX had risen 11.5% YTD