Ancora urges U.S. Steel to delay annual meeting until after Nippon Steel acquisition deadline, citing need for clarity on the ...
STORY HIGHLIGHTS: Activist shareholder Ancora pressures U.S. Steel to drop Nippon Steel merger lawsuit. Biden blocked U.S. Steel-Nippon Steel merger, prompting legal challenge from companies.
“Burritt and the US Steel board have continued to drag shareholders down a dead-end road,” said Jim Chadwick, president of Ancora Alternatives. “The reality is that this merger with Nippon ...
PITTSBURGH—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 ...
Ancora Holdings Group, LLC, a shareholder of United States Steel Corporation (X), issued a letter to the Company’s Board of Directors regarding ...
Ancora Holdings Group ... s recent comments that reaffirm his opposition to a sale of the company to Nippon Steel (NPSCY). “Dear Members of the Board, As we told you in our January 27th public ...
U.S. Steel called Ancora's request a "distraction that repeats ... confidential documents related to the proposed merger with Nippon and Burritt's trading plan, according to the letter.
Ancora last month launched a boardroom challenge at U.S. Steel as the iconic American company is fighting in court to salvage a planned merger with Japan's Nippon Steel. The company is asking the ...
Ancora said that while it understands why ... Lourenco Goncalves said his company would not make a bid for U.S. Steel until Nippon abandons its plans. U.S. Steel, whose headquarters is in ...
Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we"), a shareholder of United States Steel Corporation (NYSE: X) ("U.S. Steel" or the "Company"), today issued a letter to ...
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