U.S. Steel and an activist investor are sparring over Nippon sale
U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon Steel Co. Why it matters: The future of the Pittsburgh icon is in limbo after a proposal to sell the company to Nippon was blocked by then-President Biden four weeks ago,
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.
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
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.
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,
Northeast Ohio company steps forward in bid to save U.S. Steel, and it's not Cleveland-Cliffs
Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on ...
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 ...
WYSO12d
Steel decarbonization will add to Ohio's growing electricity demand
The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as ...
The Business Journals12d
U.S. Steel, Nippon Steel spar with Cleveland-Cliffs in court
A federal judge on Friday denied a request by U.S. Steel (NYSE: X) and Nippon Steel to expedite a preliminary injunction against rival Cleveland-Cliffs Inc., Cliffs' CEO Lourenco Goncalves and ...
The Repository on MSN17d
U.S. Attorney's Office collected more than $27 million in penalties in northern Ohio
The U.S. Attorney's Office for the Northern District of Ohio collected more than $27 million in civil and criminal penalties last year.
Could Columbus face federal blowback under Trump for its immigration policies?
Donald Trump's administration signaled it's cracking down on cities like Columbus that limit cooperation on immigration ...
Muskogee Phoenix2d
Okie Gerald Brostek
Ohio native Gerald Brostek found a way to create art while working at a Cleveland steel mill. “I was just amazed at the ...
Antelope Valley Press19h
New player steps in to block US Steel deal
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...