Ancora’s interests are not aligned with all U.S. Steel stockholders. Our stockholders will not be well served by ...
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...
S. Steel, our employees, our communities and our country." Industry experts said that without outside investment from Japan, the U.S-based steel manufacturer's path forward is murky. "With foreign ...
even offering $5,000 in closing bonuses to U.S. Steel employees, a nearly $100 million expense. A growing number of conservatives and business groups like the U.S. Chamber had publicly backed the ...
Ohio-based Ancora Holdings Group is suggesting former Stelco Holdings Inc. CEO Alan Kestenbaum replace U.S. Steel’s CEO, ...
Groups of U.S. Steel employees have also backed the transaction. “Our employees and communities deserve better. We needed a President who knows how to get the best deal for America and work hard ...
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 ...
an operating technician and vice president of the United Steelworkers union local at a U.S. Steel plant in the Mon Valley. “They committed to 10 years of no layoffs. We won’t have those commit ...
President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan. 3 ...
"Make no mistake: This investment is what guarantees a great future for U.S. Steel, our employees, our communities and our country. We intend to fight President Biden's political corruption." ...
Nippon Steel had, in recent days, offered to allow any U.S. president to stop layoffs or cuts in production at U.S. Steel as part of its bid to get the deal approved. Biden criticized foreign ...