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U.S. Steel shares jumped 16% on the news to close at $44.50. As its pick for chief executive officer, Ancora is backing steel veteran Alan Kestenbaum, who built a fortune buying discarded assets and ...
The investment manager plans to oust current board members and install industry veteran Alan Kestenbaum as CEO. Ready to turn the market’s comeback into steady cash flow? Grab the top 3 stocks ...
Steel industry veteran Alan Kestenbaum said he’s willing to make a significant personal investment in United States Steel Corp. if it abandons a merger with Nippon Steel Corp. and he’s ...
Steel industry veteran Alan Kestenbaum said he’s willing to make a significant personal investment in United States Steel Corp. if it abandons a merger with Nippon Steel Corp. and he’s selected to ...
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I know I could return U.S. Steel to greatness, says Ancora-backed CEO candidate Alan KestenbaumAlan Kestenbaum, Ancora CEO and Director Candidate for U.S. Steel; Former Stelco Chairman and CEO, joins 'Closing Bell Overtime' to talk the possibility of taking over U.S. Steel and his plans for ...
US Steel (NYSE:X) said it is "concerned about the motivations behind these nominations, given Ancora's and Alan Kestenbaum's recent dealings with failed bidder Cleveland-Cliffs." Separately ...
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Bloomberg on MSNUS Steel Activist Investor Boosts Holding in Turnaround Push(Bloomberg) -- Ancora Holdings Group has added to its holdings of United States Steel Corp. as the activist investor ...
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The investment management firm said prospective CEO Alan Kestenbaum, "who oversaw the legendary turnaround at Stelco after US ...
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