U.S. Steel, Nippon

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 potential threat to national security. The a
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,
US Steel's merger with Nippon Steel challenged by activist investor
Activist investor Ancora Holdings Group has launched a proxy battle against US Steel. The firm has nominated nine candidates for US Steel's board, including Alan Kestenbaum, former CEO of Stelco Holdings Inc. Ancora is also pushing for Kestenbaum to replace US Steel's current CEO David Burritt.
Asset Manager Challenges Nippon Steel's Takeover of US Steel
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of the major producers of steel in the U.S., employing more than 20,000 people in this a strategically important industry.
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 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.
U.S. Steel rebuffs activist fund's bid to hamper Nippon Steel deal
United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker. The announcement came after The Wall Street Journal reported that Ancora,
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 ...
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 ...
Activist Ancora pushing US Steel to drop sale to Nippon Steel, oust CEO - WSJ
Activist investor Ancora Holdings wants US Steel ( NYSE: X) to scuttle its planned more than $14 billion sale to Nippon Steel ...
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 ...
朝日新聞社1d
Nippon Steel sets sights on overseas market in its bid to acquire US Steel
KASHIMA--The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. “We can’t expect demand ...
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
(Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust ...
Reuters3d
US Steel now all about striking while iron is hot
Boss David Burritt is fighting to salvage a $15 billion sale to Nippon Steel (5401.T), opens new tab. Rival bidder Cleveland-Cliffs (CLF.N), opens new tab wants another shot at a takeover.
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 ...