U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon ...
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 ...
An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
this could happen because the collapse of the deal on Friday leaves the backdoor open for domestic buyers – namely Ohio-based Cleveland-Cliffs, which offered to acquire U.S. Steel in July 2023 ...
The Clean Energy Buyer's Association found that by 2050, the U.S. steel industry will require 10 times as much electricity as ...
Ohio-based Cleveland-Cliffs’ offer to buy U.S. Steel was previously rejected by the company, despite adamant union support. “I’m not aware of any other (cases) like this,” Freshfields ...
“U.S. Steel will remain a proud American company – one that’s American-owned, American-operated, by American union steelworkers – the best in the world,” Biden said in the statement. Outgoing U.S. Sen ...
The U.S. Attorney's Office for the Northern District of Ohio collected more than $27 million in civil and criminal penalties last year.
U.S. Steel filed a separate federal lawsuit against the Ohio steelmaker and its CEO Lourenco Goncalves, as well as David McCall, the head of the U.S. Steelworkers union, accusing them of ...
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 ...