Activist Ancora to push U.S. Steel to drop Nippon merger and …
Jan 27, 2025 · 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 ...
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 ...
Ancora wants to make US Steel great again - USA Herald
6 days ago · Ancora Holdings Group announced Monday its plan to reshape U.S. Steel Corp., pledging to make the company "great again" by replacing its leadership and halting a contentious $14.9 billion merger with Nippon Steel. In a public letter, Ancora, now an investor in U.S. Steel, called for the ousting of CEO David Burritt and the installation Ancora Holdings seeks to "make U.S. Steel great again" by ...
Ancora Nominates Nine Candidates to U.S. Steel Board, Company ...
6 days ago · (Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of ...
Ancora Nominates Majority Slate of Director Candidates and …
6 days ago · Ancora is a growing shareholder of U.S. Steel. As an investment firm with deep roots in the Midwest, we have an affinity for the industrial and logistics companies that collectively form the ...
Ancora Nominates Majority Slate of Director Candidates and …
Jan 27, 2025 · Ancora Nominates Majority Slate of Director Candidates and Proposes Industry Legend Alan Kestenbaum as New CEO to Turn Around U.S. Steel
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 Pittsburgh-based company.
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...
Asset manager Ancora just bought a stake in U.S. Steel—and
6 days ago · “U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.
U.S. Steel and an activist investor are sparring over Nippon sale
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.