Rail Operator CSX Ousts Chief Executive After Activist Pressure

Joe Hinrichs was replaced by Steve Angel, who may be more likely to consider a merger on the heels of the Union Pacific and Norfolk Suffolk deal.

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Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

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