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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.

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.

UPI · 4d

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.

4don 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 ...

4don 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 ...

4don MSN

Investor seeks to quash U.S. Steel-Nippon deal after taking stake in Pittsburgh company

Ancora Holdings Group said the board of U.S. Steel and its CEO have prioritized the sale to Nippon because they stand to ...

Recycling Today3d

US Steel stakeholder seeks to stop Nippon deal, change leadership

Ohio-based Ancora Holdings Group is suggesting former Stelco Holdings Inc. CEO Alan Kestenbaum replace U.S. Steel’s CEO, ...

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