An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...
It was recently announced that US Steel will be acquired by Tokyo-based Nippon Steel for a measly $14.1 billion , ending the former’s 122 year history as a former US industrial powerhouse.
Activist investor Ancora Holdings wants US Steel ( NYSE: X) to scuttle its planned more than $14 billion sale to Nippon Steel ...