nippon steel merger news - Search News

U.S. Steel, Ancora

The Wall Street Journal on MSN · 1d

Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO

Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.

Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.

newsbytesapp.com · 1d

US Steel's merger with Nippon Steel challenged by activist investor

Activist investor Ancora Holdings Group has launched a proxy battle against US Steel. The firm has nominated nine candidates for US Steel's board, including Alan Kestenbaum, former CEO of Stelco Holdings Inc. Ancora is also pushing for Kestenbaum to replace US Steel's current CEO David Burritt.

U.S. Steel, Nippon

The Associated Press on MSN · 1d

New player arrives in U.S. 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.

Newsweek on MSN · 1d

Asset Manager Challenges Nippon Steel's Takeover of US Steel

An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of the major producers of steel in the U.

Houston Chronicle · 1d

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

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 is opposed to U.S. Steel’s agreement with Nippon and believes that the company’s board and CEO David Burritt have prioritized getting the deal done because they stand to receive more than $100 million if it goes forward.

1don MSN

Activist Ancora to Push U.S. Steel to Drop Nippon Merger and Oust CEO, WSJ Reports

The exact size of Ancora's stake in U.S. Steel could not be determined. The activist investor also intends to rally ...

1don MSN

U.S. Steel Stock Falls. Another Actor Enters the Merger Drama.

The battle over American manufacturing icon U.S. Steel just got a little stranger than it already was. An activist investor ...

4dOpinion

Where is Josh Shapiro on U.S. Steel?

If the Pennsylvania governor doesn’t finally start leading, an iconic Pittsburgh-based company may die, writes Nathan ...

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