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 Biden administration.
Nippon Steel, U.S. Steel request court set aside Biden’s block of partnership
Nippon Steel Corporation (NPSCY), together with its wholly owned subsidiary Nippon Steel North America, Inc., and United States Steel
Nippon Steel, U.S. Steel File Opening Brief Against Biden, Others Over Scuttled Deal
Nippon Steel and U.S. Steel jointly filed their opening brief in court against former President Biden and others to invalidate what they said were unlawful actions over the companies' proposed merger.
A Case For and Against Nippon's U.S. Steel Acquisition
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a potential threat to national security. The annou
Nippon, US Steel appeal against Biden ruling starts Monday
Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their merger plan. Amid the legal fight, poor earnings at US Steel indicate the company is struggling.
U.S. Steel posts muted quarterly results amid Nippon deal snag
U.S. Steel reported fourth-quarter loss and revenue that matched Wall Street estimates on Thursday, dented by price declines and a bumpy demand environment.
Investor seeks to quash U.S. Steel-Nippon deal after taking stake in Pittsburgh company
Ancora Holdings Group said the board of U.S. Steel and its CEO have prioritized the sale to Nippon because they stand to profit if it goes forward.
Nippon Steel launches $456 million bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest ...
The Associated Press on MSN6d
New player arrives in US Steel-Nippon takeover saga with the goal of quashing it
An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
Mining2d
Nippon Steel launches $456m bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan’s biggest ...
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO ...
US Steel Flags Trump DEI Order as Risk Factor for Investors
United States Steel Corp. on Friday told shareholders that President Donald Trump’s directive scrutinizing corporate ...
U.S. Steel Tempers Profit Outlook on Steel-Market Doldrums
U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to ...
Nippon Steel launches $456 mln bid to acquire Sanyo Special Steel
Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan's biggest steelmaker said on Friday.