Investment firm Ancora Holdings on Wednesday walked away from a bitter board room fight with U.S. Steel , days after President Donald Trump signalled the iconic American company might be taken over by ...

After Aggressively Attempting to Undermine the Nippon Steel Transaction, Ancora Has Flip-Flopped and Claims to Now Support the Deal New Presidential Memorandum Validates the Unwavering Commitment ...

Once it became clear in February that there may still be a path to approval for the $55 per share sale to Nippon, Ancora began sending repeated requests to the Company to postpone the Annual ...

I speculate that activist fund Ancora may have dropped its bid partly due to global financial market volatility. This could also make Nippon less interested in the merger, as it may need cash if ...

TOKYO (dpa-AFX) - Ancora Holdings Group ... due to momentum related to the $55 per share sale to Nippon Steel Corp. (NISTY.PK, NISTF.PK). The move comes as US Steel and Nippon Steel might have ...

US Steel (NYSE:X) +1.1% pre-market Wednesday after activist investor Ancora Holdings said it would ... of a new CFIUS review of the sale to Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF).

Ancora's plan claims to deliver $75+ per share but simultaneously supports a $55 per share cash deal with Nippon Steel, raising questions about their true intentions. U.S. Steel highlighted the ...

Activist Ancora Drops U.S. Steel Campaign After Trump Orders Review of Nippon Steel Bid By Svea Herbst-Bayliss and Rishabh Jaiswal (Reuters) -Investment firm Ancora Holdings on Wednesday walked ...

Once it became clear in February that there may still be a path to approval for the $55 per share sale to Nippon, Ancora began sending repeated requests to the Company to postpone the Annual Meeting ...

After Aggressively Attempting to Undermine the Nippon Steel Transaction, Ancora Has Flip-Flopped and Claims to Now Support the Deal New Presidential Memorandum Validates the Unwavering Commitment ...

From the start, Ancora said it wanted to help engineer a turnaround for U.S. Steel, currently valued at roughly $10 billion, and came in only after news that the planned deal with Nippon was dead.