Ancora has nominated nine candidates to US Steel’s board, which has a total of 12 members. Reuters reported earlier this month that Cleveland-Cliffs was partnering with Nucor for a new all-cash ...
(Bloomberg) -- Steel industry veteran Alan Kestenbaum said he’s willing to make a significant personal investment in United States Steel Corp. if it abandons a merger with Nippon Steel Corp.
Outgoing President Joe Biden dropped a bombshell when he issued an executive order last month blocking the purchase of United States Steel (USS) by Japan’s Nippon Steel, citing national security ...
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 ...
On January 3, Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp, citing national security concerns, slightly over a year after Nippon made its offer in December 2023.
According to TipRanks, De Alba has an average return of 12.6% and a 48.69% success rate on recommended stocks. In addition to Morgan Stanley, United States Steel also received a Buy from J.P ...
Copyright 2025 The Associated Press. All Rights Reserved. United States Steel’s Edgar Thomson Plant in Braddock, Pa., Feb 26, 2019. (AP Photo/Gene J. Puskar) A ...