Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company's leadership and kill Nippon's $15 billion takeover
- Posted on January 27, 2025
- By Fortune
- 3 Views
Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company's leadership and kill Nippon's $15 billion takeover
“U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.
