Business

Activist Ancora pushing US Steel to drop sale to Nippon Steel, oust CEO – WSJ

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Steel worker on CNC plasma cutter machine

Phynart Studio

Activist investor Ancora Holdings wants US Steel (NYSE:X

) to scuttle its planned more than $14 billion sale to Nippon Steel (OTCPK:NPSCY) after it was blocked by former President Joe Biden.

The activist also wants US Steel (NYSE:X) to oust

https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1164593906/image_1164593906.jpg?io=getty-c-w750

2025-01-27 01:52:14

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