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.
Ancora Nominates Nine Candidates to U.S. Steel Board, Company Says
(Reuters) - Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in the steelmaker, 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 ...
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A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
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, ...
Kyodo News on MSN6d
Nippon Steel's trial against Biden set to start in early FebruaryThe trial for Nippon Steel Corp.'s lawsuit seeking to nullify U.S. President Joe Biden's decision to block its $14.1 billion ...
The Associated Press on MSN13d
Biden administration extends deadline on Nippon-U.S. Steel deal, offering some hope for mergerThe bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration ...
The argument is even less credible considering Japan hosts more than 50,000 US troops and in 2023 changed its laws so ...
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In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to ...
"I already initiated my investigation on how to import dogs from Japan," Cleveland-Cliffs CEO Goncalves said. "I'll go after ...
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