David Burritt will have to provide a vision of how the company can thrive on its own if a Nippon Steel deal does not materialise

Activist investor Ancora Holdings wants US Steel ( NYSE: X) to scuttle its planned more than $14 billion sale to Nippon Steel ( OTCPK:NPSCY) after it was blocked by former President Joe Biden.

(Reuters) -Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.

The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 billion sale to Nippon Steel . Rival bidder Cleveland-Cliffs wants another shot at a takeover.

U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S. coasts, according to the White House.

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.

Ancora Holdings, an activist investor, is challenging U.S. Steel's merger with Nippon Steel. They've launched a proxy battle intending to replace CEO David Burritt and have nominated nine board candidates.

It said Monday that U.S. Steel CEO David Burritt and the company's board have ... more than $100 million if it goes forward. President Joe Biden blocked the nearly $15 billion acquisition this ...

Activist investor Ancora Holdings is opposing U.S. Steel's merger with Nippon Steel and is pushing for leadership changes. Ancora has nominated candidates for U.S. Steel's board and aims to replace CEO David Burritt,

The activist investor also intends to rally shareholders around a plan to oust US Steel’s top boss David Burritt ... former US President Joe Biden blocked Nippon Steel’s US$14.9 billion ...

Weaker selling prices across all of its operating segments resulted in a fourth quarter net loss of $89 million, United States Steel Corp. reported Jan. 30.

Nippon Steel Corp. plans to file a lawsuit against the U.S. government in response to outgoing President Joe ... David Burritt, chief executive officer of U. S. Steel, also criticized Biden ...