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U.S. Steel, Ancora
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.
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,
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.
1d
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Mining
2d
Activist Ancora to push US Steel to drop Nippon merger and oust CEO
Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.
朝日新聞社
1d
Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
"
Nippon
Steel
hopes that the President will use this ... marring recent efforts to strengthen ties between the countries,
Reuters
reported in November.
Nippon
also said on Thursday the review ...
9d
Hearing on Nippon Steel's lawsuit over U.S. Steel bid set for Feb-March, Kyodo says
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is ...
2d
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 ...
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