New player arrives to stop the sale of Pittsburgh’s U.S. Steel to Japan
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...
Ancora: New CEO, board required for standalone U.S. Steel
An activist United States Steel Corp. shareholder looking to back out of Nippon Steel’s controversial acquisition wants to replace CEO David Burritt and nine members of the board in a proxy battle ...
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday ...
PBS26d
Biden blocks Nippon Steel’s $15 billion proposal to purchase Pittsburgh-based U.S. Steel
WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...
Cleveland-Cliffs CEO says he has an 'all-American' plan for U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves’ nearly two-hour news conference Monday afternoon was called to mark five years since ...
TribLIVE.com24d
'Steel is all around us:' Despite uncertain future locally, U.S. Steel’s connection to this region and its people endures
President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the Pittsburgh-based industrial titan whose decades-long fall from grace has been ...
The American Conservative26d
Biden Blocks Japanese Acquisition of U.S. Steel
President Joe Biden has blocked an attempt by the Japanese company Nippon Steel to acquire Pittsburgh-based U.S. Steel for $15 billion dollars. “This acquisition would place one of America’s ...
CBS News15d
Cleveland-Cliffs CEO renews efforts to purchase U.S. Steel: "I have an all-American solution."
PITTSBURGH (KDKA) - It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the ...
Crain's Cleveland Business1d
Major U.S. Steel investor Pentwater opposes Ancora’s proxy proposal
Pentwater Capital Management LP said it supports U.S. Steel’s current board and management, rejecting Ancora’s efforts to overhaul the steelmaker’s board and oust CEO David Burritt.