The activist investor, which owns a 0.18% stake in the company, on Monday proposed to replace top boss Burritt with Alan ...
Activist investor Ancora Holdings is opposing U.S. Steel's merger with Nippon Steel and is pushing for leadership changes. Ancora has nominated candidates for U.S. Steel's board and aims to replace ...
Ancora unveiled a strategy that would rally shareholders around a plan to oust U.S. Steel’s chief executive and drop ...
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security ...
Activist investor Ancora Holdings wants US Steel (NYSE:X) to scuttle its planned more than $14 billion sale to Nippon Steel (OTCPK:NPSCY) after it was blocked by former President Joe Biden. The ...
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that ...
Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...
Cleveland-Cliffs CEO Lourenco Goncalves didn’t directly confirm on Monday that his Cleveland steel company and its competitor Nucor are preparing a bid for U.S. Steel — but he also didn't deny it.
Cleveland-Cliffs is preparing a cash bid for U.S. Steel, aiming to sell Big River Steel to Nucor if successful. Nippon Steel's existing $14.9 billion bid was blocked by the Biden administration.
Japan's Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover ...
Gus Carlson is a U.S.-based columnist for The Globe and Mail. After blocking Nippon Steel’s bid for U.S. Steel X-N on national-security grounds, the departing U.S. president and his successor ...
The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.