Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a slate of directors and a candidate for CEO who advocate keeping the fabled ...
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
US Steel (X) stock rose 1.3% after reports of a meeting between President Trump and Prime Minister Ishiba, potentially impacting Nippon Steel's acquisition.
Pentwater Capital Management LP said it supports U.S. Steel’s current board and management, rejecting Ancora’s efforts to overhaul the steelmaker’s board and oust CEO David Burritt.
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
President Trump said in the "very near future" he will impose tariffs on steel, aluminum, copper, semiconductors, ...
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...
The Republican-backed candidate in Wisconsin's pivotal state Supreme Court race said Monday that he didn't object to ...
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
The activist investor also intends to rally shareholders around a plan to oust US Steel’s top boss David Burritt, says a Wall ...
The exact size of Ancora's stake in U.S. Steel could not be determined. The activist investor also intends to rally ...