Ancora Holdings Group, a stockholder of United States Steel Corporation (X), said it is filing a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with nomination of nine director candidates for election to the Board at the 2025 Annual Meeting of Stockholders scheduled for May 6, 2025. Also, Ancora sent a letter to stockholders regarding slate's five-point plan to turn around U.S. Steel.
"To be clear, our slate will not stand in the way of the $55 per share deal. But if the deal fails, our nominees and Mr. Kestenbaum represent the superior alternative," Ancora stated.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.