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U.S. Steel, Nippon deal
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. 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.
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.
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.
1d
US Steel now all about striking while iron is hot
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Cleveland
1d
Northeast Ohio company steps forward in bid to save U.S. Steel, and it's not Cleveland-Cliffs
Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end ...
The Times of Northwest Indiana
1d
Nucor may be interested in acquiring parts of U.S. Steel if Nippon Steel deal falls through
Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel ...
12d
U.S. Steel, Nippon Steel spar with Cleveland-Cliffs in court
U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden ...
Zacks.com on MSN
7d
Cleveland-Cliffs Stock Down 34% in 6 Months: Should You Buy the Dip?
While CLF benefits from its vertically integrated footprint, cost-saving actions and the Stelco buyout, weaker steel prices ...
Journal-News
2d
Construction underway to transform former Middletown steel research building into ceramics plant
Construction is underway and will continue throughout 2025 on the rehabilitation of the decades-old Armco/AK Steel Research ...
2d
on MSN
U.S. Steel Stock Falls. Another Actor Enters the Merger Drama.
The battle over American manufacturing icon U.S. Steel just got a little stranger than it already was. An activist investor ...
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