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.
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.
Why activist investor Ancora Holdings wants US Steel to drop Nippon merger?
Activist investor Ancora Holdings has acquired a stake in US Steel and urged the steelmaker to drop its merger with Japan's Nippon Steel.
Asset Manager Seeks to Quash US Steel-Nippon Deal After Taking Stake in US Steelmaker
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
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,
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.
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.
Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion acquisition of U.S. Steel, but its share price could bounce ...
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the ...
Newsweek22d
US Steel, Nippon Sue Biden for Blocking $15 Billion Deal
Nippon Steel Corporation and U.S. Steel on Monday ... Meanwhile, U.S. Steel shares jumped more than 4 percent in pre-market trading Monday.
Benzinga.com25d
Biden Blocks $14.9B US Steel Takeover, Shares Plunge
Nippon Steel and U.S. Steel have warned of immediate ... Price Action: X shares are trading lower by 7.48% at $30.16 at last check on Friday.
5 Things to Know Before the Stock Market Opens
U.S. stock futures are pointing higher after a shaky start to 2025, U.S. Steel shares are sinking on reports that President Biden is set to block its merger with Nippon Steel, and Tesla shares are ...
Wall Street Journal20d
Mitch McConnell: Nippon Steel Isn’t the Enemy
The American people, along with U.S. allies and trading partners ... into the U.S. economy and creating jobs. Workers at Nippon Steel’s U.S. facilities may wonder which part of their livelihood ...
U.S. Steel Stock Is Falling. Another Actor Enters the Merger Drama.
Ancora’s interests are not aligned with all U.S. Steel stockholders. Our stockholders will not be well served by ...
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 ...