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.
An activist United States Steel Corp. shareholder looking to back out of Nippon Steel’s controversial acquisition wants to replace CEO David Burritt and nine members of the board in a proxy battle that opens another front in the battle for control.
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.
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.
Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.
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