U.S. Steel, Ancora

Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.
Why activist investor Ancora Holdings wants US Steel to drop Nippon merger?
Activist investor Ancora Holdings has acquired a stake in US Steel and is urging the steelmaker to abandon its merger agreement with Japan’s Nippon Steel, according to a Wall Street Journal report. Ancora intends to encourage shareholders to remove US Steel’s CEO David Burritt,
Ancora Holdings Readies Proxy Fight At US Steel Amid Merger Chaos
U.S. Steel (NYSE: X) addressed Ancora Catalyst's proxy battle ahead of the 2025 Annual Meeting. Ancora proposes replacing the current Board, but U.S. Steel defends its strategic partnership with Nippon Steel.
Activist Ancora pushing US Steel to drop sale to Nippon Steel, oust CEO - WSJ
Activist investor Ancora Holdings wants US Steel ( NYSE: X) to scuttle its planned more than $14 billion sale to Nippon Steel ( OTCPK:NPSCY) after it was blocked by former President Joe Biden.
US Steel pressured by Ancora to drop Nippon merger, oust CEO
US Steel (X) shares are under pressure as activist investor Ancora Holdings is pushing US Steel to drop its blocked merger with Nippon Steel (NPSCY, 5401.T). Ancora Holdings is also pushing for US Steel to get a new CEO and additional board members.
Major US Steel Investor Pentwater Opposes Ancora Proxy Proposal
The third-largest investor in United States Steel Corp. said it opposes moves by activist investor Ancora Holdings Group o shake up the board of the iconic American steelmaker.
Pentwater Capital opposes Ancora's efforts to shake up US Steel board - Bloomberg
Pentwater Capital Management LP, the third-largest investor in United States Steel Corp (BVMF:USSX34)., has publicly rejected ...
New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
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US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
Ancora nominates slate of director candidates, proposes new CEO for U.S. Steel
Ancora Holdings issued the below open letter to the board of directors of United States Steel (X) regarding a variety of issues, including the ...
U.S. Steel Tempers Profit Outlook on Steel-Market Doldrums
U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...
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Investment Firm Launches Bid to Nix U.S. Steel Sale
Ancora Holdings Group announced in a January 27 letter that it had nominated a new CEO and a slate of directors who would ...
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US Steel stakeholder seeks to stop Nippon deal, change leadership
Ohio-based Ancora Holdings Group is suggesting former Stelco Holdings Inc. CEO Alan Kestenbaum replace U.S. Steel’s CEO, ...