April 7 (Reuters) - Activist investor Ancora Holdings on Monday called on U.S. Steel's
board to delay its annual stockholders meeting until a Committee on Foreign Investment
(CFIUS) review is complete.
The move comes after U.S. President Donald Trump directed the CFIUS to conduct and finalize
a new review of the transaction within 45 days.
"To reiterate, Ancora and our director candidates have no intention of standing in the way
of the $55 per share Nippon deal," the activist investor said.
Ancora launched a boardroom challenge at U.S. Steel early this year, as the iconic American
company attempts to salvage a planned merger with Japan's Nippon Steel ( NISTF ).