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U.S. Steel, Ancora
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.
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.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
4h
on MSN
U.S. Steel Stock Falls. Another Actor Enters the Merger Drama.
Ancora’s interests are not aligned with all U.S. Steel stockholders. Our stockholders will not be well served by ...
Hosted on MSN
5h
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 ...
5h
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 ...
58m
on MSN
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
9h
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 ...
1d
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 ...
3h
on MSN
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 ...
5d
What The Trump Presidency Means For U.S. Steel Stock?
United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% ...
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