News

Amid economic turbulence rivaling the 2008 financial crisis and the COVID-19 pandemic, American industry is searching for ...
Shares in U.S. Steel (X) were stronger today after activist investor Ancora Holdings said it had changed its mind and now ...
Activist investor Ancora has withdrawn its nominations for U.S. Steel's board following a call by President Trump for a review of Nippon Steel's bid. Ancora, with a minor stake, had previously ...
Ancora, a stockholder of U.S. Steel (X), announced that it is withdrawing its nomination of director candidates for election at the 2025 annual ...
Alan Kestenbaum, whom Ancora nominated to replace U.S. Steel CEO David Burritt, helmed Canadian steelmaker Stelco for several years before selling it to Cleveland-Cliffs for $2.8 billion in November.
President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese ... and our national security,” David Burritt said in a post on the social platform X in January.
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 ...
The investor, which recently unveiled a plan that could deliver a cash offer of $75 per share, has said it had no intention of standing in the way of the $55 per share Nippon deal ...
U.S. Steel and the activist investor Ancoraare ... to shareholders through dividends and share repurchases since David Burritt became president and CEO in May 2017. The company said its revenue ...
Lutnick has taken meetings with Nippon Steel Vice President Takahiro Mori and U.S. Steel CEO David Burritt since Trump made him the main White House person handling the U.S. Steel file, according to ...
President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In ...