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Asset manager Ancora just bought a stake in U.S. Steel—and it wants to oust the company’s leadership and kill Nippon’s $15 billion takeover
“U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.
“U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote. Read More
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