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 Associated Press on MSN15d
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 that U.S. Steel CEO David Burritt and the company’s board have prioritized ...
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.
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 ...
The Daily Signal4d
Ancora Wants to Make US Steel Great Again
Investment firm Ancora is planning to oust CEO David Burritt by nominating and electing nine new directors to U.S. Steel's 12 ...
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 company CEO David Burritt and push the American steelmaker to back out of 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 ...
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 ...
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 ...
US Steel urged by activist investor to terminate merger deal after Trump's latest comments
US Steel's sale to Nippon Steel (NPSCY) (NISTF) is "dead" following Friday's remarks from President Trump, activist investor ...
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 ...