Ancora seeks to halt Nippon Steel's acquisition of US Steel, criticizing US Steel's CEO and board for prioritizing the sale. Ancora nominates new directors and a CEO to prioritize US Steel's ...
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of ...
Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a slate of directors and a candidate for CEO who advocate keeping the fabled ...