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.
Blocking U.S. Steel-Nippon Steel Deal Would Hurt the U.S.
Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.
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 nominates directors to US Steel, want to end Nippon deal, Bloomberg says
Activist investor Ancora Holdings has nominated nine candidates to United States Steel’s (X) board and is pushing for the company to abandon
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.
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 ...
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 ...
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 ...
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 ...
Crain's Cleveland Business9h
Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
U.S. Steel reiterates commitment to maximizing value for shareholders
United States Steel (X) issued the following statement in response to the submission by Ancora Catalyst Institutional, LP, who has a reported ...
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, ...
Crain's Cleveland Business4h
Major U.S. Steel investor Pentwater opposes Ancora’s proxy proposal
Pentwater Capital Management LP said it supports U.S. Steel’s current board and management, rejecting Ancora’s efforts to overhaul the steelmaker’s board and oust CEO David Burritt.
Hearing on Nippon Steel's lawsuit over U.S. Steel bid set for Feb-March, Kyodo says
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is ...
U.S. economy is ‘doing better than you think.’ Here’s why, economist tells Lehigh Valley business leaders
The U.S. economy isn’t just one big monolith, it’s a bunch of small economies,” said Michael Skordeles, head of U.S.