The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a ...
The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a move that would align with President Donald Trump’s insistence that U.S.
For some firms that lose an auction to acquire a company, plan B is to blow up the auction altogether, wait for chaos to ...
Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a ...
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...
It said Monday that U.S. Steel CEO David Burritt and the company's board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward. President Joe ...
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust its CEO David Burritt and push the company to pull the deal with Nippon . On an ...
Aymium, the leading producer of renewable biocarbon products, announced today the successful completion of a five-year, $150 ...
U.S. Steel (X) reported its Q4 2024 earnings, revealing an EPS of -$0.13, falling short of the forecasted $0.04. This earnings miss, along with a revenue shortfall of $90 million compared to ...