U.S. Steel says activist investor Ancora is now in favor of Nippon Steel deal-May 2024-www.financetom.com

U.S. Steel says activist investor Ancora is now in favor of Nippon Steel deal

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U.S. Steel says activist investor Ancora is now in favor of Nippon Steel deal

Apr 8, 2025 4:57 PM

April 8 (Reuters) - U.S. Steel said on Tuesday

that activist investor Ancora, who previously attempted to

undermine the planned merger with Japan's Nippon Steel ( NISTF ),

has "flip-flopped" and now claims to be in support of the

transaction.

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