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Ancora, U.S. Steel

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.

The Wall Street Journal on MSN · 3d

Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO

Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel, according to people familiar with the matter.

Seeking Alpha on MSN · 3d

US Steel says committed to Nippon Steel, Ancora's interests not aligned with shareholders

US Steel (NYSE:X) said Monday it is still committed to pursuing a sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF), saying "our stockholders will not be well served by turning over control of the company to Ancora.

3don MSN

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 ...

Activist shareholder reportedly planning proxy battle at U.S. Steel

An activist shareholder is planning a proxy battle at United States Steel Corp. to force the end of the controversial $14.9 ...

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Ancora, U.S. Steel

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