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US Steel: Activist Investor Flips to Support Nippon Deal

Tuesday by American Conservatives

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

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