us steel nippon - Search News

The Associated Press - Busines… · 2d

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 after taking a stake in the company.

Newsweek on MSN · 3d

Asset Manager Challenges Nippon Steel's Takeover of US Steel

An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of the major producers of steel in the U.S., employing more than 20,000 people in this a strategically important industry.

Newser on MSN · 3d

Ancora Challenges Nippon Steel's US Steel Takeover

The asset management firm Ancora is challenging Nippon Steel's proposed acquisition of US Steel following its purchase of a 0.18% stake in the American company. Ancora has accused the US Steel board and CEO David Burritt of pushing the $15 billion deal with Nippon Steel due to a potential $100 million windfall they'll receive if the deal closes.

2d

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 ...

RealClearMarkets23h

A Case For and Against Nippon's U.S. Steel Acquisition

President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

Hosted on MSN4h

US Steel Stock Steady Ahead Of Q4 Earnings As Investors Watch For Acquisition Updates: Retail Sentiment Divided

Shares of U.S. Steel Corp. (X) held steady with gains of nearly 0.5% in morning trade on Thursday as investors keep their ...

Transport Topics2d

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 ...

newsbytesapp.com3d

US Steel's merger with Nippon Steel challenged by activist investor

Activist investor Ancora Holdings Group has launched a proxy battle against US Steel. The firm has nominated nine candidates ...

3don MSN

US Steel says committed to Nippon Steel, Ancora's interests not aligned with shareholders

US Steel (NYSE:X) said Monday it is still committed to pursuing a sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF), saying ...

Activist Ancora to push US Steel to drop Nippon merger and oust CEO

Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.

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