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Trump has ordered a re-examination of the Nippon Steel acquisition proposal for United States Steel (X.US) as activist investor Ancora cancels its nomination of a new Director.
The rights protection investors at Ancora Holdings stated that they will withdraw their Director nominations for the upcoming annual meeting of United States Steel.
Activist Ancora Ends Campaign After U.S. Steel Merger Progress
US Steel Activist Investor Ancora Holdings Withdraws Board Nominations
Express News | Ancora: Withdrawing Nomination of Director Candidates for Election at U.s . Steels' 2025 Annual Meeting of Stockholders
Express News | Ancora Announces Suspension of Campaign Following President Trump’s Initiation of New Cfius Review of U.S. Steel’s Sale to Nippon Steel
U.S. Steel Urges Shareholders to Reject Activist Investor Ancora's Plan