Ancora fights Nippon Steel's U.S. Steel takeover - WTAE-TV …
Jan 27, 2025 · 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, with $10 ...
New player arrives in US Steel-Nippon takeover saga with the …
Jan 27, 2025 · 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 a sale to Nippon because they stand to receive more than $100 million if it goes forward.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
Jan 27, 2025 · 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. ... The activist investor, Ancora, said in an open ...
Activist Ancora to push U.S. Steel to drop Nippon merger and …
Jan 27, 2025 · 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,...
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to …
Jan 27, 2025 · Ancora said on Monday it was not interested in the sale of U.S. Steel to another party, including Cleveland-Cliffs and instead wants to pursue $565 million in breakup fee from Nippon Steel.
New player arrives in U.S. Steel-Nippon takeover saga with
Jan 27, 2025 · 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, with $10 ...
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon …
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel X-0.08%decrease; red down pointing triangle and wants the company to turn the page from its failed marriage with Nippon ...
Asset manager Ancora just bought a stake in U.S. Steel—and
Jan 27, 2025 · Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company’s leadership and kill Nippon’s $15 billion takeover BY Michelle Chapman and The Associated Press
U.S. Steel update: Ancora wants to cancel Nippon deal, replace ...
Jan 27, 2025 · An investment firm from Cleveland is seeking to dismantle the current leadership of U.S. Steel in favor of nine new board members and a new chief executive. A...
Ancora Targets Leadership Overhaul at U.S. Steel After Nippon …
Jan 27, 2025 · Nippon Steel, which offered $55 per share, faces a $565 million breakup fee if the transaction fails and has proposed a U.S.-majority board to address regulatory concerns. ... Ancora argues that ...