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Activist Ancora Drops U.S. Steel Campaign After Trump Orders Review of Nippon Steel Bid
(Reuters) - Activist investor Ancora said on Wednesday it is withdrawing its nominations for director candidates on the board of U.S. Steel after President Donald Trump ordered a fresh review of Japan's Nippon Steel's bid for the domestic steelmaker.
Shares in U.S. Steel (X) were stronger today after activist investor Ancora Holdings said it had changed its mind and now ...
The comment appeared to contradict recent actions by the Trump administration. On Monday, Trump directed a national security ...
U.S. Steel stock increased more than 16% in reaction to the decision to review the proposed merger with Nippon Steel for a ...
But on Thursday, U.S. Steel stock took a tumble, trading down by 7.9% as of 12:11 p.m. ET. The reason for that slide wasn't ...
President Trump ordered on Monday a new review of a proposed U.S. Steel acquisition by Japanese corporation Nippon Steel. In ...
U.S. Steel and Ancora clash over board seats and Nippon Steel deal as Trump orders new CFIUS review, possibly reviving the ...
Ancora Holdings Group of Cleveland unveiled a turnaround plan for United States Steel Corp. it estimates would deliver more ...
Steel is facing a downturn, and United States Steel (NYSE: X) is in the headlines. You'd be better off with competitors Nucor ...
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