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Ancora, U.S. Steel
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.
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 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 strategy following the failed $14 billion merger with Nippon Steel Corp (TYO:5401),
Activist Ancora pushes for new leadership at U.S. Steel, plans to scrap Nippon deal
CNBC's Morgan Brennan joins 'Squawk Box' to report on the latest news. Mile-wide volcano could erupt off US West Coast this year, say scientists
WSJ: Investor wants US Steel to drop takeover by Nippon Steel
The Wall Street Journal says an activist investor plans to mobilize US Steel shareholders to reject a takeover by Japan's Nippon Steel.
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.
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,
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 ...
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 ...
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 ...
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 ...
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 ...
13d
on MSN
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
Opinion
1d
Opinion
Commentary: Donald Trump should reverse Joe Biden’s US Steel decision
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...
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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