Trump Celebrates Nippon Steel 'Deal'
Digest more
Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.
Ancora Holdings Group of Cleveland unveiled a turnaround plan for United States Steel Corp. it estimates would deliver more than $75 per-share in value to shareholders if a takeover by Nippon Steel Corp. falls through. The activist investor, which is ...
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 ...
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 ...
Ancora has said it will invest $6 billion to $7 billion in the Pittsburgh-based company if the Nippon Steel deal fails, according to people familiar with the proceedings. The White House meetings mark the latest twist in the battle to determine the fate of ...
Nippon Steel Corp., the Japanese company embroiled in lengthy battle to buy US Steel Corp., said it plans to spend 869 billion yen ($6 billion) at home to expand output from cleaner furnaces.
“Burritt and the US Steel board have continued to drag shareholders down a dead-end road,” said Jim Chadwick, president of Ancora Alternatives. “The reality is that this merger with Nippon ...
US Commerce Secretary Howard Lutnick has been holding meetings with Nippon Steel (OTCPK:NPSCY) and activist investor Ancora Holdings to discuss the US Steel (NYSE:X) deal. Nippon Steel (OTCPK ...