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 ...
Nippon Steel, U.S. Steel silent on revised deal after Trump's surprise announcement
Days after a surprise announcement from President Donald Trump about a $14.9 billion deal, the companies involved have ...
The Associated Press on MSN15d
New player arrives in U.S. 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 after taking a stake in the company.
Ancora sends letter to U.S. Steel’s Board of Directors
Ancora Holdings Group, a diversified investment firm that oversees approximately $10B in assets, issued the below letter to the Board of ...
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.
Business Wire2d
Ancora Issues Letter to U.S. Steel’s Board of Directors Following Failed Attempts to Resurrect the Dead Nippon Transaction
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group ... that reaffirm his opposition to a sale of the Company to Nippon Steel Corporation (“Nippon”). A full copy of President Trump’s remarks ...
Newsweek15d
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 ...
U.S. Steel Urged by Investor to Scrap Nippon Deal and Pocket $565 Million Breakup Fee
Shares in U.S. Steel (X) strengthened nearly 5% in pre-market trading after one of its investors said its $15 billion sale to Japanese peer ...
Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports
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, citing ...
Ancora Issues Letter to U.S. Steel’s Board of Directors Following Failed Attempts to Resurrect the Dead Nippon Transaction
Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we"), a diversified investment firm that oversees approximately $10 billion in assets, today issued the below letter to the ...
Ancora Wants To Make US Steel Great Again
The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a ...
WTAE-TV15d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
REPO 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 ...