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U.S. Steel, Ancora
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor (NYSE:NUE) +2.5% in Tuesday's trading after reporting Q4 earnings and revenues that fell from a year ago but easily beat lowered expectations, as the steelmaker had warned about a continuing decline in steel volumes and average selling prices.
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.
Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
Reuters reported earlier this month that Cleveland-Cliffs was partnering with Nucor for a new all-cash bid for U.S. Steel after former U.S. President Joe Biden blocked Nippon Stee
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 ...
20h
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 ...
Crain's Cleveland Business
16h
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 ...
1d
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 ...
Axios on MSN
1d
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 ...
1d
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 ...
9h
Activists hold US Steel CEO’s feet to the smelter
David Burritt will have to provide a vision of how the company can thrive on its own if a Nippon Steel deal does not materialise ...
7d
Vincent Trometter: Donald Trump should reverse Joe Biden’s US Steel decision
If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...
1d
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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Related topics
Ancora
United States
Nippon
Cleveland-Cliffs Inc.
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