Ancora’s interests are not aligned with all U.S. Steel stockholders. Our stockholders will not be well served by
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in the steelmaker, the company said on Monday.
Investment firm Ancora Holdings Group has taken a stake in United States Steel and is looking to oust leadership at the company and back away from its proposed deal with Nippon Steel.
United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% during the same time..
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's administration is scheduled for February and March, Kyodo news agency reported on Monday, without citing sources.
Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company. Ancora said Monday that it is opposed to U.
Activist investor Ancora Holdings has built a stake in U.S. Steel and wants the steelmaker to drop its merger agreement with Japan's Nippon Steel, the Wall Street Journal reported on Sunday, citing sources.
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.
German chancellor Olaf Scholz has welcomed U.S. President Donald Trump's plans for more oil and gas exports, saying it was "good for Europe and Germany," German newspaper Handelsblatt reported on Sunday.