Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on ...

U.S. Steel yesterday disavowed a push from activist investor Ancora Holdings to drop its proposed sale to Japan's Nippon ...

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

this could happen because the collapse of the deal on Friday leaves the backdoor open for domestic buyers – namely Ohio-based Cleveland-Cliffs, which offered to acquire U.S. Steel in July 2023 ...

“U.S. Steel will remain a proud American company – one that’s American-owned, American-operated, by American union steelworkers – the best in the world,” Biden said in the statement. Outgoing U.S. Sen ...

Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.

The steel company is Cleveland-Cliffs, the Ohio-based company that lost the bidding war to buy U.S. Steel last year. Since then, Cleveland-Cliffs has been using whatever leverage it can find to ...

Nippon and U.S. Steel claim the groups illegally colluded to prevent the planned deal, in part to prevent a party other than Cliffs from acquiring U. S. Steel. Cleveland-Cliffs, an Ohio-based ...