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 ...

United States Steel's recent financial performance showed a decline in revenue and profitability. Learn why X stock is a Buy.

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.

Shocked by U.S. Steel’s Refusal to Provide Stockholders ... still be a path to approval for the $55 per share sale to Nippon, Ancora began sending repeated requests to the Company to postpone ...

has said it had no intention of standing in the way of the $55 per share Nippon deal. Ancora said on Wednesday it was suspending its campaign at U.S. Steel, as it suspects the companies had taken ...

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 ...

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).

Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's proposed bid to buy U.S. Steel for nearly $15 billion.

“There is no legitimate reason for U.S. Steel to rush to hold its Annual Meeting before the governmental review concludes,” Ancora said in a statement.Nippon Steel made a nearly $15 billion ...