United States Steel Corp

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 · 1d

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.

Houston Chronicle · 1d

Asset manager 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 after taking a stake in the company. Ancora is opposed to U.S. Steel’s agreement with Nippon and believes that the company’s board and CEO David Burritt have prioritized getting the deal done because they stand to receive more than $100 million if it goes forward.

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 ...

Crain's Cleveland Business18h

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 ...

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 ...

10don MSN

Jim Cramer on United States Steel Corporation (X)’s Upcoming Possible Deal: ‘Cliffs Is Gonna Get It’

We recently compiled a list of the Jim Cramer Recently Discussed These 15 Stocks & The California Wildfires. In this article, ...

Crain's Cleveland Business13h

Major U.S. Steel investor Pentwater opposes Ancora’s proxy proposal

Pentwater Capital Management LP said it supports U.S. Steel’s current board and management, rejecting Ancora’s efforts to overhaul the steelmaker’s board and oust CEO David Burritt.

Morningstar1d

United States Steel Corp

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Activist investor Ancora calls for new leadership at U.S. Steel

Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...

Transport Topics1d

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 ...

1don MSN

These Stocks Are Moving the Most Today: Nvidia, Broadcom, Vertiv, Tesla, AT&T, U.S. Steel, SoFi, and More

Shares of Nvidia, Broadcom, and ASML slump as China’s DeepSeek threatens the companies’ dominance in artificial intelligence, ...

Investing1d

United States Steel Corp (Xm)

United States Steel Corporation (NYSE:X) today announced that its new electrical steel product, InduX™, will begin production at its Big River Steel facility in the summer of 2023 ...

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