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Steel, Ancora
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
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.
Activist Ancora Pushes 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 nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
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 a $14.9 billion merger deal with Japan's Nippon Steel.
RealClearMarkets
18h
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
2d
on MSN
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
2d
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Crain's Cleveland Business
2d
Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
3d
on MSN
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...
Transport Topics
1d
US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
Opinion
Yakima Herald-Republic
1d
Opinion
Commentary: Trump should reverse Biden’s U.S. Steel decision
Consent of the governed is one of the founding principles of our country. Embedded in the Declaration of Independence, it ...
2d
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor shares rise after beating Q4 earnings expectations. The company might pursue parts of US Steel if merger deal collapses ...
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Related topics
Joe Biden
Ancora
United States
Alan Kestenbaum
David Burritt
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