Activist Ancora to push U.S. Steel to drop Nippon merger and …
Jan 27, 2025 · Jan 26 (Reuters) - Activist investor Ancora Holdings has built a stake in U.S. Steel (X.N), opens new tab and wants the steelmaker to drop its merger agreement with Japan's Nippon Steel (5401.T ...
Ancora fights Nippon Steel's U.S. Steel takeover - WTAE-TV …
6 days ago · 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 Holdings Group, with $10 ...
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
6 days ago · 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, said in an open letter to U.S. Steel ...
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel ...
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel X0.68%increase; green up pointing triangle and wants the company to turn the page from its failed marriage with Nippon ...
Activist Ancora to push US Steel to drop Nippon merger and …
Jan 27, 2025 · Ancora said on Monday it was not interested in the sale of US Steel to another party, including Cleveland-Cliffs and instead wants to pursue $565 million in breakup fee from Nippon Steel.
Asset manager Ancora just bought a stake in U.S. Steel—and
6 days ago · Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company’s leadership and kill Nippon’s $15 billion takeover BY Michelle Chapman and The Associated Press
U.S. Steel and Ancora are sparring over Nippon sale - Axios
Jan 27, 2025 · 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, but the deal is not dead yet. Driving the news: Ohio-based Ancora Holdings sent a letter to the U.S ...
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon
Ancora said its priority is seeing through a turnaround of U.S. Steel in the public markets. The activist’s arrival comes after U.S. Steel agreed to sell itself to Nippon Steel for more than $14 ...
U.S. Steel update: Ancora wants to cancel Nippon deal, replace ...
Jan 27, 2025 · An investment firm from Cleveland is seeking to dismantle the current leadership of U.S. Steel in favor of nine new board members and a new chief executive. A...
Ancora Nominates Majority Slate of Director Candidates and …
Jan 27, 2025 · Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market