{"id":10912,"date":"2009-06-29T00:00:00","date_gmt":"2009-06-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"csx-hedge-fund-fight-in-congress-troubled-fund-backs-off-activism","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/csx-hedge-fund-fight-in-congress-troubled-fund-backs-off-activism.html","title":{"rendered":"CSX, hedge fund fight in Congress; troubled fund backs off activism"},"content":{"rendered":"<p>Florida Times-Union &#8211; CSX Corp.&rsquo;s proxy fight with two hedge funds ended in September with four nominees from The Children&rsquo;s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX&rsquo;s board.<\/p>\n<p>But even though the fight is long over, it continues to be in the news.<\/p>\n<p>Last week, Securities and Exchange Commission Chairwoman Mary Schapiro told a U.S. Senate subcommittee that the commission is considering new disclosure rules on equity swap arrangements. According to a Bloomberg News story, the SEC&rsquo;s examination of equity swaps is a direct result of CSX&rsquo;s battle with TCI and 3G.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.jacksonville.com\/business\/2009-06-28\/story\/csx_hedge_fund_fight_in_congress_troubled_fund_backs_off_activism\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Florida Times-Union &#8211; CSX Corp.&rsquo;s proxy fight with two hedge funds ended in September with four nominees from The Children&rsquo;s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX&rsquo;s board. But even though the fight is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7656,3259,6773,3588,5055,13592,8320,13590,11708,7799,6216,13593,10121,11183,6008,21,13591,5427,3198,5841],"class_list":["post-10912","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bloomberg-news","tag-capital-partners","tag-chairwoman","tag-csx","tag-csx-corp","tag-disclosure-rules","tag-equity-swap","tag-florida-times-union","tag-hedge-funds","tag-investment-fund-management","tag-mary-schapiro","tag-news-last-week","tag-proxy-fight","tag-rsquo","tag-s-board","tag-securities-and-exchange-commission","tag-senate-subcommittee","tag-tci","tag-times-union","tag-u-s-senate"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10912"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10912\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}