Activist Ancora's pick for U.S. Steel CEO eyes major stake if given job
Kestenbaum, currently the CEO of private equity firm Bedrock Industries Group, is known as a turnaround artist. At one time known for an attempted bid for the National Football League’s Carolina Panthers, the Brooklyn-born native is highly regarded in the steel industry.
Ancora nominates nine candidates to U.S. Steel board, pushes to end Nippon deal
Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.
Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...
The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to ...
January 27, 2025 - Investor activist Ancora Catalyst Institutional LP disclosed their 0.18% stake in U.S. Steel (NYSE:X) on January 27, 2025. And the announcement came with Ancora's request to ...
US Steel faces a proxy battle as activist investor Ancora pushes to oust CEO and drop merger with Nippon Steel, sparking ...
The exact size of Ancora's stake in U.S. Steel could not be determined. The activist investor also intends to rally ...
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Alan Kestenbaum, Ancora CEO and Director Candidate for U.S. Steel; Former Stelco Chairman and CEO, joins 'Closing Bell ...
An asset manager, Ancora, is challenging Nippon Steel's proposed takeover of U.S. Steel, calling for new leadership at the steelmaker after acquiring a small stake in the company. U.S. Steel is one of ...
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