Ancora Holdings Group has unveiled a turnaround plan for U.S. Steel that it estimates would deliver shareholders more than $75 per-share in value, if a takeover by Nippon Steel falls through.

US Steel noted that Ancora's stake in the business is just 0.18%, although Ancora said it is in the process of amassing a ...

Ancora wants new board members to focus on U.S. Steel's turnaround, not selling the company. It also wants them to pursue the $565 million breakup fee from Nippon.

Ancora also ignores that U. S. Steel’s North American Flat-Rolled segment – which includes the Company’s integrated blast furnace assets – has successfully executed a transformational ...

Ancora has nominated nine directors for U.S. Steel’s 12-person board, including former Stelco CEO Alan Kestenbaum. Ancora isn't interested in US Steel ( X ) being sold to another company ...

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.. Why It Matters ...

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, with $10 ...

From the start, Ancora said it wanted to help engineer a turnaround for U.S. Steel, currently valued at roughly $10 billion, and came in only after news that the planned deal with Nippon was dead.

Ancora’s U.S. Steel stake is worth more than $100 million, according to the letter. A representative for Ancora declined to comment. A representative for U.S. Steel didn’t immediately respond to a ...

Ancora wants new board members to focus on U.S. Steel's turnaround, not selling the company. It also wants them to pursue the $565 million breakup fee from Nippon.

From the start, Ancora said it wanted to help engineer a turnaround for U.S. Steel, currently valued at roughly $10 billion, and came in only after news that the planned deal with Nippon was dead.

Ancora’s plan to sell Big River Steel is a complete reversal from Ancora’s February 2025 conference call comments, where they stated they were going to “bring Big River to industry standards ...