U.S. Steel announced on Tuesday that activist Ancora Holdings has "flip-flopped" from its previous opposition to the proposed merger between Japan's Nippon Steel and U.S. Steel. Ancora recently announced a plan in connection with the proposed transaction that could result in a cash offer at $75 per share. The investor, who owns less than one percent of the company, has said … [Read more...] about US Steel: Activist Investor Flips to Support Nippon Deal
Business and Finance
ABC News in Crisis: Stephanopoulos ‘Outraged’ Over $15M Settlement, Staff in Turmoil
ABC News anchor George Stephanopoulos reportedly feels "apoplectic" as well as "humiliated", after Disney CEO Bob Iger approved an agreement with Donald Trump for $15 million, plus another $1 mil in legal fees. George is not pleased about the payout, which is an embarrassment to the former Clinton aide. Sources with knowledge of the incident said that … [Read more...] about ABC News in Crisis: Stephanopoulos ‘Outraged’ Over $15M Settlement, Staff in Turmoil