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.
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.
Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its ...
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time ...
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Interim Financial Report 2024/2025 KBC Ancora recorded a profit of EUR 73.9 million in the first half of the financial year 2024/2025. This ...
U.S. Steel (NYSE: X) addressed Ancora Catalyst's proxy battle ahead of the 2025 Annual Meeting. Ancora proposes replacing the ...
U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency ...
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