U.S. Steel and an activist investor are sparring over Nippon sale
U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon Steel Co. Why it matters: The future of the Pittsburgh icon is in limbo after a proposal to sell the company to Nippon was blocked by then-President Biden four weeks ago,
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
Ancora Nominates Nine Candidates to U.S. Steel Board ... steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel. The activist investor, which owns a 0.18% stake in ...
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.
Nucor may be interested in acquiring parts of U.S. Steel if Nippon Steel deal falls through
Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel falls through.
U.S. Steel rebuffs activist fund's bid to hamper Nippon Steel deal
United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker. The announcement came after The Wall Street Journal reported that Ancora,
Ancora Challenges Nippon Steel's US Steel Takeover
The asset management firm Ancora is challenging Nippon Steel's proposed acquisition of US Steel following its purchase of a 0.18% stake in the American company. Ancora has accused the US Steel board and CEO David Burritt of pushing the $15 billion deal with Nippon Steel due to a potential $100 million windfall they'll receive if the deal closes.
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A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
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Nippon Steel sets sights on overseas market in its bid to acquire US Steel
“The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. “We can’t expect demand in Japan to grow as the population is ...
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 ...
Ancora nominates nine candidates to U.S. Steel board, company says
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in ...
Japan PM Ishiba eyes US visit for summit with Trump on Feb. 7
Japanese Prime Minister Shigeru Ishiba is arranging a visit to the United States for his first in-person summit with ...
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Ancora seeks U.S. Steel board revamp, end to Nippon Steel deal
The Cleveland-based activist investor intends to push U.S. Steel to end litigation aimed at rescuing the Nippon Steel deal ...
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New player arrives in U.S. Steel-Nippon Steel takeover saga with 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 after taking a stake in the company. Ancora Holdings Group, with $10 ...
The fight for U.S. Steel isn't over. Here's what's at stake
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...