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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.
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,
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
47m
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 ...
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 ...
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
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 ...
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 ...
11h
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, ...
The Associated Press on MSN
13d
Biden administration extends deadline on Nippon-U.S. Steel deal, offering some hope for merger
The bid by Japan's
Nippon Steel
to buy U.S.
Steel
may have a new lease on life after the Biden administration extended a ...
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
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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