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Ancora, U.S. Steel

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.

UPI · 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 directors after the company's failed sale to Nippon Steel.

Seeking Alpha on MSN · 4d

US Steel says committed to Nippon Steel, Ancora's interests not aligned with shareholders

US Steel (NYSE:X) said Monday it is still committed to pursuing a sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF), saying "our stockholders will not be well served by turning over control of the company to Ancora.

3don MSN

New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

Crain's Cleveland Business3d

Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job

Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...

16h

U.S. Steel posts muted quarterly results amid Nippon deal snag

U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines ...

3don MSN

Asset Manager Challenges Nippon Steel's Takeover of US Steel

An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of ...

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