Ancora asks USS to delay shareholder meeting until after Nippon deal wind-down date

The investment firm seeking to oust U.S. Steel’s leadership has asked the steelmaker to schedule its annual shareholder meeting after June 18. That’s the deadline set by the US government for USS and Nippon Steel to unwind their nearly $15-billion merger deal.

Ancora Holdings Group sent a letter dated Feb. 27 to board members of the Pittsburgh-based steelmaker. In it, the USS shareholder urged the board to set a date for the company’s annual meeting at least 45 days after June 18.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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