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.
An activist United States Steel Corp. shareholder looking to back out of Nippon Steel’s controversial acquisition wants to replace CEO David Burritt and nine members of the board in a proxy battle that opens another front in the battle for control.
An activist investor has bought a significant stake in U.S. Steel and is now looking to oust CEO David Burritt, install new leadership and kill the Nippon Steel deal.
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 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.
Investment firm Ancora has nominated nine candidates to US Steel’s board of directors, as it looks to unseat company CEO David Burritt and pressure
Ancora is opposed to U.S. Steel’s agreement with Nippon and believes that the company’s board and CEO David Burritt have prioritized ... acquisition of the Pittsburgh company citing national ...
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.
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 ...
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.
Weaker selling prices across all of its operating segments resulted in a fourth quarter net loss of $89 million, United States Steel Corp. reported Jan. 30.
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 billion in assets,