U.S. Steel Activist Wants a New CEO. That’s Not Why the Stock Is Rising.
Activist investors, the president, foreign leaders, unions, and tariffs all figure in a U.S. Steel story that continues to be ...
Who Is Alan Kestenbaum, Activist Investor Ancora's Pick To Lead US Steel?
Activist investor Ancora aims to oust CEO and board members of US Steel amid merger chaos. Industry veteran Alan Kestenbaum ...
I know I could return U.S. Steel to greatness, says Ancora-backed CEO candidate Alan Kestenbaum
Alan Kestenbaum, Ancora CEO and Director Candidate for U.S. Steel; Former Stelco Chairman and CEO, joins 'Closing Bell Overtime' to talk the possibility of taking over U.S. Steel and his plans for the ...
US Steel urged by activist investor to terminate merger deal after Trump's latest comments
US Steel's (NYSE:X) sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) is "dead" following Friday's remarks from President Trump, and US Steel's board "must now must decide if it stands with ...
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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Ancora Issues Letter to U.S. Steel's Board of Directors Following Failed Attempts to Resurrect the Dead Nippon Transaction
Finally engage with Ancora, which has offered the Board a viable catalyst for a turnaround in Alan Kestenbaum, who oversaw the legendary turnaround at Stelco after U.S. Steel bankrupted the business.
Ancora sends letter to U.S. Steel’s Board of Directors
Ancora Holdings Group, a diversified investment firm that oversees approximately $10B in assets, issued the below letter to the Board of ...
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New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora Holdings Group, with $10 ...
Activist investor Ancora calls for new leadership at U.S. Steel
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 billion sale to Nippon Steel . Rival bidder Cleveland-Cliffs wants another ...
U.S. Steel Urged by Investor to Scrap Nippon Deal and Pocket $565 Million Breakup Fee
Shares in U.S. Steel (X) strengthened nearly 5% in pre-market trading after one of its investors said its $15 billion sale to Japanese peer ...
Why activist investor Ancora Holdings wants US Steel to drop Nippon merger?
Activist investor Ancora Holdings has acquired a stake in US Steel and is urging the steelmaker to abandon its merger agreement with Japan’s Nippon Steel, according to a Wall Street Journal report.