Ancora nominates nine candidates to U.S. Steel board, company says
On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.S. Steel's CEO David Burritt. It also plans to pressure the company to drop its merger agreement with Japan's Nippon Steel .
Activist investor Ancora nominates nine candidates to U.S. Steel’s board of directors
Activist investor Ancora has nominated nine candidates to U.S. Steel’s CADL-Q -2.41% board of directors after reporting a 0.18 per cent stake in the steel maker, the company said on Monday. On Sunday, the Wall Street Journal reported that Ancora intends to rally shareholders to oust U.S. Steel’s CEO David Burritt.
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
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.
Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO
Activist investor Ancora Holdings is waging a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel. Ancora unveiled a plan that would rally shareholders around a plan to oust U.
Ancora moves to block U.S. Steel sale to Nippon, oust CEO
Ancora is seeking an independent slate of directors at U.S. Steel and new CEO that are committed to walking away from the Nippon deal. In an open letter on Monday, the firm said i
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
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. Ancora Holdings Group reported acquiring a 0.
Activist Ancora pushes for new leadership at U.S. Steel, plans to scrap Nippon deal
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