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U.S. Steel, Ancora
Activist Ancora to Push U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel, according to people familiar with the matter.
Activist Investor Ancora Challenges U.S. Steel's Merger Plans
Activist investor Ancora Holdings is opposing U.S. Steel's merger with Nippon Steel and is pushing for leadership changes. Ancora has nominated candidates for U.S. Steel's board and aims to replace CEO David Burritt,
Trump's dealmaking instinct may be Nippon Steel merger's last hope
Appealing to Donald Trump's penchant for business dealmaking could provide a lifeline for Nippon Steel Corp.'s seemingly doomed $14.1
Ancora seeks US Steel to abandon Nippon Steel deal, overhaul leadership - WSJ
Ancora has nominated nine nominees for U.S. Steel’s 12-member board including former Stelco (TSX: STLC) CEO Alan Kestenbaum, who previously revitalized the Canadian steelmaker before its acquisition by Cleveland-Cliffs (NYSE: CLF ), according to the report.
Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports
Activist investor Ancora Holdings has built a stake in U.S. Steel and wants the steelmaker to drop its merger agreement with Japan's Nippon Steel, the Wall Street Journal reported on Sunday, citing sources.
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. Ancora intends to encourage shareholders to remove US Steel’s CEO David Burritt,
10h
Activist shareholder reportedly planning proxy battle at U.S. Steel
An activist shareholder is planning a proxy battle at United States Steel Corp. to force the end of the controversial $14.9 ...
EconoTimes
6h
Ancora Targets Leadership Overhaul at U.S. Steel After Nippon Deal Collapse
Activist investor Ancora Holdings is preparing a proxy battle against U.S. Steel to replace its leadership and shift its ...
13d
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
13d
U.S. Steel, Nippon Steel urge court to do quick review of challenge to Biden's block
The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June ...
Free Malaysia Today
5h
Activist Ancora to push US Steel to drop Nippon merger and oust CEO
The activist investor also intends to rally shareholders around a plan to oust US Steel’s top boss David Burritt, says a Wall ...
Opinion
12d
on MSN
Opinion
It’s up to the courts to save the US Steel Nippon deal
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
Opinion
2d
Opinion
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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