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U.S. Steel, Ancora and Nippon Deal
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.
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.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
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 ...
2d
on MSN
New player arrives in US 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 ...
1d
on MSN
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
Crain's Cleveland Business
1d
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 ...
6h
on MSN
Hugh Jackman Once Compared ‘Real Steel’ to ‘Avatar’ in 1 Major Way
Although it wasn’t as popular as ‘Avatar’, Hugh Jackman believed ‘Real Steel’ channeled James Cameron’s blockbuster in a big ...
18h
on MSN
Sunday date for second Steel City derby
The second Steel City derby of the season between Sheffield Wednesday and Sheffield United is moved to Sunday, 16 March.
2h
on MSN
Steel barriers installed in French Quarter ahead of Super Bowl, Mardi Gras
NEW ORLEANS (WVUE) - At the intersection of Bourbon Street and Canal, a new steel barrier stands near the memorial for ...
Center for American Progress
2d
The Next Frontier in American Industrial Policy: Saving the Steel Industry by Decarbonizing It
The United States has a once-in-history opportunity to transform its steel industry and establish it as a world leader for ...
Crude Oil Prices
15h
Swiss Steel's Production and Sales Decline in 2024
Swiss Steel is reducing its workforce and experiencing a decline in revenues due to weak demand and poor economic conditions ...
2d
on MSN
U.S. Steel Stock Falls. Another Actor Enters the Merger Drama.
The battle over American manufacturing icon U.S. Steel just got a little stranger than it already was. An activist investor ...
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United States
Ancora
tariffs
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