U. S. Steel Comments on Ancora’s Blundering, Value-Destructive “Plan”
United States Steel Corporation (X)
Last united states steel corporation earnings: 4/30 04:16 pm
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US:NYSE Investor Relations:
ussteel.com/investors
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Source: Business Wire
After Aggressively Attempting to Undermine the Nippon Steel Transaction, Ancora Has Flip-Flopped and Claims to Now Support the DealNew Presidential Memorandum Validates the Unwavering Commitment of U. S. Steel’s Board to Finish the Job and Deliver Significant Investment from Nippon Steel – in the Face of Ancora’s Wrongheaded Attempt to Undermine U. S. Steel’s Pursuit of Revisiting the CFIUS ProcessAncora’s “Plan” is Contradictory, Full of Unfounded Assumptions and Mimics Cleveland-Cliffs’ Failed StrategyUrges Stockholders to Vote on the WHITE Proxy Card “FOR” U. S. Steel’s 10 Director Nominees TODAY PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today set the record straight on several flaws in the strategic “plan” for U. S. Steel published by Ancora Catalyst Institutional, LP (“Ancora”).Ancora’s newly unveiled, last-minute “plan” is inconsistent at best and begets the critical question: If Ancora now believes their plan woul
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