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Ancora, U.S. Steel
Ancora nominates nine candidates to U.S. Steel board, company says
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in the steelmaker, the company said on Monday. On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.
Ancora nominates nine candidates to US 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.
Ancora seeks U.S. Steel board revamp, end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal and instead collect a $565 million breakup fee.
Activist investor Ancora nominates nine candidates to U.S. Steel’s board of directors
Activist investor Ancora has nominated nine candidates to U.S. Steel’s CADL-Q -2.41% board of directors after reporting a 0.18 per cent stake in the steel maker, the company said on Monday. On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.S. Steel’s CEO David Burritt.
Why activist investor Ancora Holdings wants US Steel to drop Nippon merger?
Activist investor Ancora Holdings has acquired a stake in US Steel and is urging the steelmaker to abandon its merger agreement with Japan’s Nippon Steel, according to a Wall Street Journal report. Ancora intends to encourage shareholders to remove US Steel’s CEO David Burritt,
13d
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 ...
13d
Japanese Prime Minister raises concerns with Biden over his move to block Nippon Steel deal for US Steel
Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...
3h
on MSN
The fight for U.S. Steel isn't over. Here's what's at stake
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
ジャパンタイムズ
2h
Trump should uphold TikTok ban and allow Nippon Steel deal, Pence says
Former U.S. Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons ...
12d
Nippon Steel Wants to Work With Trump Administration on US Steel Deal, Mori Tells WSJ
Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion buyout of ...
12d
Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, ...
13d
on MSN
Cleveland-Cliffs CEO calls Japan ‘evil’ as he reiterates interest in acquiring U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, ...
13d
US media: Cleveland-Cliffs plans rival bid for US Steel
Media outlet CNBC says US steelmaker Cleveland-Cliffs is teaming up with local rival Nucor for the deal. It cites sources ...
5d
on MSN
Japan and US Agree on Bringing Ties to New Heights
Japanese Foreign Minister Takeshi Iwaya said he and US Secretary of State Marco Rubio agreed to bring their countries’ ties ...
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