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 buy U.S. Steel, oust CEO and kill Nippon Steel deal
An activist investor has bought a significant stake in U.S. Steel and is now looking to oust CEO David Burritt, install new leadership and kill the Nippon Steel deal.
Activist Ancora to push US Steel to drop Nippon merger and oust CEO
Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Jan 27 (Reuters) - Activist investor Ancora has nominated nine candidates to U.S. Steel's (X.N), opens new tab board of directors, as it looks to oust company CEO David Burritt and push the ...
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 directors after the company's failed sale to Nippon Steel.
Ancora: New CEO, board required for standalone U.S. Steel
An activist United States Steel Corp. shareholder looking to back out of Nippon Steel’s controversial acquisition wants to replace CEO David Burritt and nine members of the board in a proxy battle that opens another front in the battle for control.
Ancora nominates nine candidates to U.S. Steel board, company says
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in the steelmaker, the company said on Monday. On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.
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New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it
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 ...
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Investment firm pushes US Steel to drop Nippon merger
Investment firm Ancora has nominated nine candidates to US Steel’s board of directors, as it looks to unseat company CEO ...
Investor 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.
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U.S. Steel reports decline in Q3, full-year earnings
Weaker selling prices across all of its operating segments resulted in a fourth quarter net loss of $89 million, United States Steel Corp. reported Jan. 30.
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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 U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end ...
Antelope Valley Press2d
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 ...
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Aspinwall, has called on Vice President JD Vance to help pass rail safety improvements, which Mr. Vance himself supported ...
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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.