A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com

Update: A few weeks ago we saw the case of The Childrens' Investment Fund (TCI) vs. CSX. If you remember the hedge fund was in the midst of a proxy battle with CSX. Here is that story.

Well the vote was yesterday and while the vote was close, TCI is acting like the victor.

A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com:

"After the shareholders cast their votes, the funds, which together control at least 8.7 percent of CSX, claimed four of five contested seats and said that CSX had held the voting open in the hope of wrangling a few more votes. But CSX said that the vote was too close to call and that the results would take a month to tally and certify."

I doubt we have heard the end of this one!