Eastern Railroad Discussion > CSX "Invites" Three to Board

Story posted on marketwatch.com this afternoon:


Railroad operator CSX, which has been embroiled in a fight for control of its company, said Friday it "invited" John McPherson, Gilbert Lamphere and Alexandre Behring to join the board immediately. Lamphere and Behring represent hedge funds TCI Group and 3G Capital Partners, who were victorious earlier this month in getting four of their nominees elected to the board after a contentious proxy battle. The status of two board seats remains uncertain and are the subject of an appeal pending before the U.S. Court of Appeals for the Second Circuit. CSX said a decision is expected within 60 days.


FYI, McPherson is the former president of FEC, was nominated by TCI and not opposed by CSX.

BobE

Regarding your PS, Bob, McPherson was nominated by CSX but support by The Childrens Investment Fund.

Fred

ffrailey Wrote:
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> Regarding your PS, Bob, McPherson was nominated by
> CSX but support by The Childrens Investment Fund.
>
> Fred
Either way he is getting there, this is good.
Tommy