CSX, outgoing Canadian Pacific CEO in settlement talks - WSJ

(Reuters) - U.S. railroad operator CSX Corp is discussing a settlement with Hunter Harrison, the outgoing chief executive of Canadian Pacific Railway Ltd , and activist investor Paul Hilal that could make Harrison CSX's CEO, the Wall Street Journal reported. The talks come less than two weeks after Harrison partnered with Hilal's new fund, Mantle Ridge LP. The parties are discussing Mantle Ridge's request for more than three CSX board seats, but CSX is said to be unwilling to hand over that many