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Steel, Ancora
Activist Ancora to push US Steel to drop Nippon merger and oust CEO, WSJ reports
Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to drop its merger agreement with Japan's Nippon Steel, the Wall Street Journal reported on Sunday,
Activist Ancora pushing US Steel to drop sale to Nippon Steel, oust CEO - WSJ
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 activist also wants US Steel (NYSE:X) to oust CEO David Burritt and drop a lawsuit that's trying to salvage its sale to Nippon Steel (OTCPK:NPSCY),
Ancora seeks US Steel to abandon Nippon Steel deal, overhaul leadership - WSJ
Ancora has nominated nine nominees for U.S. Steel’s 12-member board including former Stelco (TSX: STLC) CEO Alan Kestenbaum, who previously revitalized the Canadian steelmaker before its acquisition by Cleveland-Cliffs (NYSE: CLF ), according to the report.
2h
Activist shareholder reportedly planning proxy battle at U.S. Steel
An activist shareholder is planning a proxy battle at United States Steel Corp. to force the end of the controversial $14.9 ...
Opinion
12d
on MSN
Opinion
It’s up to the courts to save the US Steel Nippon deal
It’s not too late for our judicial system to intervene and do what’s right for the American people and our allies.
The Associated Press on MSN
13d
US extends deadline on Nippon’s bid for US Steel, offering some hope that the deal is not dead
(AP) — The bid by Japan’s
Nippon
Steel
to buy
U.S
.
Steel
may have a new lease ... though the
U.S
. Committee on ...
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 ...
Opinion
17h
Opinion
Commentary: Donald Trump should reverse Joe Biden’s US Steel decision
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...
13d
on MSN
Biden Extends Deadline for Nippon's US Steel Bid, Keeping Deal Alive
President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.
13d
US Steel Launches ‘Longshot’ Attack on Union in Merger Fallout
A US Steel Corp. lawsuit against the United Steelworkers president and a rival manufacturer is likely to fail in court using ...
11d
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 ...
Wilson Center
13d
Rejection of Nippon-US Steel Deal Demonstrates Need for Better National Security Guidelines
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
cnbctv18
6d
Hearing on Nippon Steel's lawsuit over US Steel bid set for Feb-March, Kyodo says
The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned $14.9 billion buyout of ...
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