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.
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
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 ...
U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...
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