CSX Corp
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Industrials : Road & Rail | Large Cap Blend
Company profile

CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. The Company categorizes its products into primary lines of business such as merchandise, intermodal and coal. The Company's intermodal business links customers to railroads through trucks and terminals. The Company's merchandise business consists of shipments in markets, such as agricultural and food products, automotive, minerals, forest products, metals and equipment, and fertilizers. The Company transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities.

Closing Price
$36.44
Day's Change
-0.30 (-0.82%)
Bid
--
Ask
--
B/A Size
--
Day's High
36.74
Day's Low
36.21
Volume
(Heavy Day)
Volume:
13,695,684

10-day average volume:
10,426,634
13,695,684

Kaskela Law LLC Announces Investigation into Fairness of Independence Holding Co. (IHC) Privatization Agreement and Encourages IHC Shareholders to Contact the Firm

1:15 pm ET November 30, 2021 (Globe Newswire) Print

Kaskela Law LLC announces that it is investigating Independence Holding Company (NYSE: IHC) ("IHC") on behalf of the company's stockholders.

On November 9, 2021, IHC announced that it had agreed be acquired by Geneve Holdings, Inc. Under the proposed privatization agreement, IHC shareholders are expected to receive $57.00 per share in cash for their IHC shares. Following the closing of the proposed transaction, shares of IHC's stock will no longer be publicly traded.

The investigation seeks to determine whether IHC's officers and directors breached their fiduciary duties to IHC's stockholders by failing to adequately shop the company and maximize the buyout price for investors. The investigation also concerns the fairness of the sales process conducted by Perella Weinberg Partners LP, IHC's financial advisor.

IHC shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or by email at skaskela@kaskelalaw.com or online at https://kaskelalaw.com/cases/independence-holding-company-ihc/, for additional information about this investigation and their legal rights and options.

Kaskela Law LLC exclusively represents investors in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

David Seamus Kaskela, Esq.

KASKELA LAW LLC

18 Campus Boulevard, Suite 100

Newtown Square, PA 19073

(888) 715 - 1740

(484) 258 - 1585

www.kaskelalaw.com

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https://ml.globenewswire.com/media/46a37084-e0b3-48fa-b515-02e82ff9d30a/small/kaskela-law-logo1-jpg.jpg

comtex tracking

COMTEX_398034246/2010/2021-11-30T13:15:32

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