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.
Activist investor Ancora nominates nine candidates to U.S. Steel’s board of directors
Activist investor Ancora has nominated nine candidates to U.S. Steel’s CADL-Q -2.41% board of directors after reporting a 0.18 per cent stake in the steel maker, the company said on Monday. On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.S. Steel’s CEO David Burritt.
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
Former U.S. Vice President Mike Pence called on his former boss to uphold a law banning TikTok for national security reasons ...
Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion buyout of ...
There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, ...
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Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, ...
Media outlet CNBC says US steelmaker Cleveland-Cliffs is teaming up with local rival Nucor for the deal. It cites sources ...
Over the years, several rounds of US semiconductor export controls targeting companies in China, Japan, South Korea and other ...
But the drama doesn't stop there. Goncalves isn't just throwing money aroundhe's weaponizing patriotism. Labeling Nippon ...
Japanese Foreign Minister Takeshi Iwaya said he and US Secretary of State Marco Rubio agreed to bring their countries’ ties ...
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