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 falls through.
US Steel posts muted quarterly results amid Nippon deal snag
US STEEL reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment. Read more at The Business Times.
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
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.
Trump's dealmaking instinct may be Nippon Steel merger's last hope
Appealing to Donald Trump's penchant for business dealmaking could provide a lifeline for Nippon Steel Corp.'s seemingly doomed $14.1
Cleveland-based activist Ancora seeks U.S. Steel board revamp, end of Nippon deal
Led by Jim Chadwick, Ancora has focused on campaigns at industrial and transportation companies. In recent years, it has secured board seats at Berry Global Group Inc. and Norfolk Southern Corp. In 2024, Ancora won three seats in its proxy battle at Norfolk Southern.
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.
U.S. Steel rebuffs activist fund's bid to hamper Nippon Steel deal
United States Steel Corp. on Monday rebuffed activist investor Ancora Holdings' proposal for a board shakeup aimed at thwarting Nippon Steel Corp.'s plan to buy out the U.S. steelmaker. The announcement came after The Wall Street Journal reported that Ancora,
Large US Steel holder against activist's push to end sale to Nippon Steel - report
One of US Steel's top largest shareholders is against an activist's decision to nominate a slate of directors for the steel operator's board and push to end the $14 billion Nippon Steel (OTCPK:NPSCY) deal.
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor (NYSE:NUE) +2.5% in Tuesday's trading after reporting Q4 earnings and revenues that fell from a year ago but easily ...
With Nippon barred from buying U.S. Steel, it’s now unclear who or what can save it
An all-American bid for U.S. Steel is shaping up to push Nippon out. But the problem is the new bid is much weaker, and it ...
New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it
An asset manager based in Cleveland is seeking to quash a Japanese takeover of U.S. Steel and oust its leadership after ...
The Fabricator9d
Could a new political consensus be forged in steel?
With the Nippon Steel purchase of U. S. Steel scuttled by presidential decree, might Cleveland-Cliffs join forces with Nucor ...
Mining3d
Activist Ancora to push US Steel to drop Nippon merger and oust CEO
Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.
NBC DFW3d
Nucor CEO says he's optimistic about what Trump policies mean for steel trade
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO ... to partner with Nippon to secure jobs, invest capital and infuse global leading knowhow and technology into U. S. Steel," a ...