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Activist Ancora drops U.S. Steel campaign

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Is the Nippon Steel bid dead? Here’s the latest as U.S. Steel’s stock plunges again.
We don’t want it to go to Japan or any other place, and we’re working with them,” President Donald Trump said of U.S. Steel.
Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid
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 a Japanese rival after all.
Trump Orders New Review of Nippon-U.S. Steel Merger
The White House said the review is meant to assist the president in determining whether further action would be appropriate.

US Steel Stock Drops

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US Steel Stock Drops as Trump Pushes Back on Japanese Takeover
Shares of U.S. Steel tumbled in early trading Thursday, after President Donald Trump reportedly said that he doesn't want foreign ownership of the company.
US Steel Falls 10% After Trump Says He Doesn’t Want Japan Owner
Shares in US Steel sunk more than 10% Thursday in New York, marking the biggest intraday decline since early February, before trimming losses. The stock was down 7% at $41.98 as of 11:12 a.m. — still well below Nippon Steel Corp.’s $55-a-share offer to buy the iconic American steelmaker.
Trump says he doesn't want US Steel in Japanese hands
U.S. President Donald Trump said on Wednesday he does not want U.S. Steel Corp to go to Japan, suggesting he does not support Nippon Steel's $14 billion bid for the American steel producer. Julian Satterthwaite reports.
U.S. Steel Stock (X) Climbs as “Flip-Flop” Investor Now Backs $14.9B Nippon Steel Merger
Shares in U.S. Steel (X) were stronger today after activist investor Ancora Holdings said it had changed its mind and now ...
White House requests review of Nippon Steel merger in possible revival move
U.S. Steel stock increased more than 16% in reaction to the decision to review the proposed merger with Nippon Steel for a ...
U.S. Steel stocks fall as Trump casts doubt on Nippon Steel acquisition
U.S. Steel stock drops after Trump's comments on Nippon Steel deal. The $14.9 billion acquisition faces renewed uncertainty ...
Nippon Steel, Tier IV collaborate to automate heavy duty transportation
Nippon Steel (NPSCY) and Tier IV are working together to automate steel transportation with heavy-duty autonomous vehicles, aiming to deploy ...
Ancora Says Its US Steel Turnaround Plan Worth $75 a Share
Ancora Holdings Group unveiled a turnaround plan for United States Steel Corp. it estimates would deliver more than $75 ...
U.S. Steel slams Ancora's shifting stance on Nippon Steel deal as annual meeting looms
U.S. Steel and Ancora clash over board seats and Nippon Steel deal as Trump orders new CFIUS review, possibly reviving the ...
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Billionaire Alan Kestenbaum leverages wealth in U.S. Steel CEO bid backed by Ancora
United States Steel Corp. has faced an uncertain future since its $14.1 billion takeover by Japanese buyer Nippon Steel Corp.
Why U.S. Steel Stock Surged 14% in a Turbulent Market Today
President Trump opens the door for the U.S. Steel buyout offer Both former President Biden and President Trump have ...