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Ancora, U.S. Steel
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.
Ancora seeks U.S. Steel board revamp, end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
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.
ジャパンタイムズ
1h
Trump should uphold TikTok ban and allow Nippon Steel deal, Pence says
Former U.S. Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons ...
7d
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 ...
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
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...
2h
on MSN
Pence Says Trump Should Uphold TikTok Ban, Allow US Steel Deal
Former Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons and ...
Free Malaysia Today
6h
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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