Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end its litigation against the federal government seeking to keep the deal alive and oust its Chief Executive.
New player arrives in U.S. Steel-Nippon takeover saga with the goal of quashing it
· 1d · on MSN
Investor seeks to quash US Steel-Nippon deal after taking stake in US steelmaker
Group aims to quash US Steel takeover
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, with $10 billion in assets,
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as it does now.
A federal judge on Friday denied a request by U.S. Steel (NYSE: X) and Nippon Steel to expedite a preliminary injunction against rival Cleveland-Cliffs Inc., Cliffs' CEO Lourenco Goncalves and ...
steel-making states like Ohio will need to generate significantly more electricity. The Clean Energy Buyers Association quantifies the amount. By 2050, the U.S. steel industry will require 174 ...
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company's board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
Donald Trump's administration signaled it's cracking down on cities like Columbus that limit cooperation on immigration enforcement.
Ohio native Gerald Brostek found a way to create art while working at a Cleveland steel mill. “I was just amazed at the elasticity of the steel, how malleable all the steel was when it was orange hot” he said.
Funding Freeze Sets Off New Fight Over Trump’s Vision for His Government President Trump’s order freezing trillions of dollars in federal grants and loans seeks to eliminate all spending on ...
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that US Steel CEO David Burritt and the company’s board have prioritized a sale to Nippon because they stand to receive more than $100 million if it goes forward.
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