tyb
CSX Corp sold by Mantle Ridge LP-Vice Chairman of CSX: $47.81m- Apr 29
Mantle Ridge LP biggest sale of CSX since Oct. 17th, 2019 which was $234,553,942
https://www.finviz.com/insidertrading.ashx?oc=1695459&tc=7
Paul Hilal is the Founder and CEO of Mantle Ridge LP and is also Vice Chairman of the Board-CSX-filing made under this name. Reflects sales by MR GP HoldCo MM LLC, an entity controlled by Paul C. Hilal and which holds shares of the Issuer on behalf of Mr. Hilal and certain family members and trusts. Joined Pershing Square Capital Management (Bill the Cat Ackman) in 2006, where he worked for a decade. During his time at Pershing Square, he worked on the firm’s activist investments in Ceridian, Air Products & Chemicals and Canadian Pacific Railway. In 2016, Pershing Square applied to the US SEC for exemptive relief in the matter of Hilal’s violation of Pershing Square’s compliance policies governing political contributions. Pershing Square was fined $75,000 and censured in response to the incident.
Prior to joining Pershing Square in 2006, Mr. Hilal:
Founded and served as Managing Partner of Caliber Capital Management, L.P., an information technology-sector-focused investment fund, from 2002 to 2005; Mr. Hilal serves on the Board of Overseers of Columbia Business School and served until 2016 on the Board of the Grameen Foundation – an umbrella organization that helps microlending and microfranchise institutions empower the world’s poorest through financial inclusion and entrepreneurship. He is also a Trustee of the Supreme Court Historical Society, a non-profit organization dedicated to the collection and preservation of the history of the Supreme Court of the United States.
CSX Corporation is specialized in the railroad transport services. Net sales break down by activity as follows:
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railroad transport services (80.9%): transport of chemicals (24.3% of net sales), coal (21.4%), agricultural products (14.6%), vehicles (12.8%), forest products (9.1%), metals (7.8%), minerals (5.7%), phosphates and fertilizes (4.5%);
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intermodal transport services (14.8%);
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other (4.3%).
At the end of 2019, the group operates a network of 57,984.7 km in the United States and in Canada, and has a fleet of 69,479 cars and 3,561 locomotives. Number of employees : 21 000 people.
https://www.mantleridge.com/
https://www.marketscreener.com/CSX-CORPORATION-25500636/company/
https://www.finviz.com/insidertrading.ashx?oc=1413084&tc=7
https://www.sec.gov/Archives/edgar/data/277948/000156761920008780/xslF345X03/doc1.xml
https://www.cfany.org/speaker-organizer/paul-hilal/
>yo what do you fags thing of elon musk?
Besides being a coke dealer to hollywood, the head of multiple companies that he could give two shits about, lying to anyone and everyone to keep his "lifestyle" financed on the backs of some hard-working people (i.e his rank and file employee's)-keeping up said lies about what SpaceX really does and has done (being financed by tax-payer money) and add in his crazy fucking leveraged acquisition of Solar City-that he set up originally with his cousins and most likely being a kid diddler too…
I'm sure he's a very fine person…/s
berry quiet upstairs-militarily speaking
np. Not much of a helo anon.
lack detailed experience with those.
this one has that covered
99dc42
goodnight anons
o7
welcome anon
They are all catch-22 now. All the debt they hold (not just CSX) will slowly strangle any ability to continue to have implied profitability.
Most of it was a pipe dream imo as it was all financed by acquiring and /or issuing moar and moar debt.