Ancora Nominates Nine Candidates to U.S. Steel Board, Pushes to End Nippon Deal
(Reuters) -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.
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 known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
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 ...
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
U.S. Steel (NYSE: X) addressed Ancora Catalyst's proxy battle ahead of the 2025 Annual Meeting. Ancora proposes replacing the ...
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 ...
Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we"), a diversified investment firm that oversees approximately $10 billion in assets, today issued the below open letter to ...
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