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Activist shareholder Ancora shifts stance on U.S. Steel lawsuit, outlines alternative strategy if Nippon Steel deal fails.
U.S. Steel and Ancora have gone back and forth on the activist's suggested plan, which it said would boost the value of the company's shares to over $75 apiece. U.S. Steel, whose shares currently ...
United States Steel Corp. has faced an uncertain future since its $14.1 billion takeover by Japanese buyer Nippon Steel Corp.
Just two days after he ordered a new national security review of Nippon Steel Corp.'s bid to buy U.S. Steel Corp., President Donald Trump said on Wednesday that he does not want the iconic Pittsburgh ...
President Donald Trump is seeking a new review of Nippon Steel’s proposed purchase of U.S. Steel. A memo issued Monday by the ...
when it sought to oust Chief Executive David Burritt. At the time, it was aiming to push the Pittsburgh steelmaker to back out of its merger with Japan's Nippon Steel. But Ancora said recent ...
U.S. Steel said on Tuesday that activist investor Ancora Holdings, which previously attempted to undermine the planned merger ...
The Trump administration has ordered a new national security review of Nippon Steel Corp’s bid to buy U.S. Steel, signaling a ...
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