U.S. Steel Activist Wants a New CEO. That’s Not Why the Stock Is Rising.
Activist investors, the president, foreign leaders, unions, and tariffs all figure in a U.S. Steel story that continues to be ...
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 ...
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 ...
The Daily Signal7d
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 ...
New York Sun10d
Trump Has Big Plans for United States Steel After Industrial Icon Avoided Acquisition by Japanese Rival
PITTSBURGH — The investment firm Ancora is pushing United States Steel shareholders to drop the Nippon Steel merger and oust ...
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 ...
Newsweek18d
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 ...
WTAE-TV18d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
OSDOL HAS BEEN LOOKING INTO THE LEGAL ACTION. THE LAWSUIT TARGETING CLEVELAND-CLIFFS AND THE STEELWORKERS UNION PRESIDENT WAS FILED HERE IN PITTSBURGH FEDERAL COURT. THE LAWSUIT, FILED IN D.C ...
Morningstar5d
Ancora Issues Letter to U.S. Steel’s Board of Directors Following Failed Attempts to Resurrect the Dead Nippon Transaction
We urge you, as fiduciaries, to engage with us before there is any permanent impairment of value at U.S. Steel. ANCORA CATALYST INSTITUTIONAL STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO ...
RealClearPolitics11d
Ancora Wants To Make US Steel Great Again
PITTSBURGH -- The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a move that would align with President Donald Trump's ...
Townhall11d
Ancora Wants to Make US Steel Great Again
In an open letter to the board of U.S. Steel, Ancora said it intends to rally shareholders, of which they are one, around a plan to oust U.S. Steel's top boss, Burritt. The letter notes its deep ...