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U.S. Steel, Ancora

Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company’s leadership and kill Nippon’s $15 billion takeover

U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.

The Wall Street Journal on MSN · 3d

Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO

Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel, according to people familiar with the matter.

U.S. News & World Report · 3d

Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal

(Reuters) -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.

WTAE-TV3d

New player arrives in US Steel-Nippon takeover saga with the goal of quashing it

REPO An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.Ancora Holdings Group ...

Activist shareholder reportedly planning proxy battle at U.S. Steel

An activist shareholder is planning a proxy battle at United States Steel Corp. to force the end of the controversial $14.9 ...

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U.S. Steel, Ancora

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