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Steel, Ancora

The Wall Street Journal on MSN · 3d

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 the matter.

Reuters on MSN · 3d

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.

The New York Times · 3d

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.

3don MSN

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

U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency ...

3d

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 ...

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