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Steel, Ancora
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 known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.
Activist Ancora pushing US Steel to drop sale to Nippon Steel, oust CEO - WSJ
Activist investor Ancora Holdings wants US Steel ( NYSE: X) to scuttle its planned more than $14 billion sale to Nippon Steel ( OTCPK:NPSCY) after it was blocked by former President Joe Biden.
Ancora nominates nine candidates to US 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.
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 ...
22h
on MSN
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 ...
Transport Topics
23h
US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
2d
on MSN
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
1d
US Steel Faces Proxy Fight as Activist Pushes to End Merger
Activist investor Ancora Holdings Group has nominated nine candidates for United States Steel Corp.’s board and is pushing ...
1d
US buyers face higher costs if Trump pursues copper, aluminium tariffs
President Donald Trump's threat to impose tariffs on U.S. copper and aluminium imports will result in higher costs for local ...
2d
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 ...
Transport Topics
1d
Ancora-Backed CEO Candidate Proposes US Steel Overhaul
I want to have a stake in something that I’m going to be involved in,” Alan Kestenbaum said Jan. 27 in an interview. “If I ...
1d
on MSN
Donald Trump pledges sweeping tariffs on steel, semiconductors and other imports
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
1d
on MSN
U.S. Steel Stock Is Falling. Another Actor Enters the Merger Drama.
Ancora’s interests are not aligned with all U.S. Steel stockholders. Our stockholders will not be well served by ...
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