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U.S. Steel, Ancora

Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company’s leadership and kill Nippon’s $15 billion takeover

U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.

The Wall Street Journal on MSN · 3d

Activist Ancora Pushes U.S. Steel to Drop Merger With Nippon Steel, Oust CEO

Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to turn the page from its failed marriage with Nippon Steel, according to people familiar with the matter.

UPI · 3d

Activist investor Ancora calls for new leadership at U.S. Steel

Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of directors after the company's failed sale to Nippon Steel.

WTAE-TV3d

New player arrives in US Steel-Nippon takeover saga with the goal of quashing it

REPO 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 ...

Crain's Cleveland Business2d

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 ...

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U.S. Steel, Ancora

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