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.
Cleveland-based activist Ancora seeks U.S. Steel board revamp, end of Nippon deal
Cleveland-Cliffs Inc. was among several steelmakers that participated in an auction for U.S. Steel in 2023 before being outbid by Nippon Steel. Cleveland-Cliffs is now partnering with Nucor Corp. to weigh a potential joint bid for US Steel, Bloomberg News has reported.
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end ...
There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: ...
13don MSN
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to ...
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 and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden ...
Cleveland-Cliffs CEO Lourenco Goncalves said he wants to make an "all-American solution" bid to save U.S. Steel.
I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers,” said Cleveland-Cliffs CEO Lourenco Goncalves.
Zacks.com on MSN5d
Cleveland-Cliffs Stock Down 34% in 6 Months: Should You Buy the Dip?While CLF benefits from its vertically integrated footprint, cost-saving actions and the Stelco buyout, weaker steel prices ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback