Activist Ancora drops U.S. Steel campaign after Trump orders review of Nippon Steel bid
By Svea Herbst-Bayliss and Rishabh Jaiswal (Reuters) -Investment firm Ancora Holdings on Wednesday walked away from a bitter board room fight with U.S. Steel, days after President Donald Trump signalled the iconic American company might be taken over by a Japanese rival after all. Ancora, which owns roughly 1% of U.S. Steel, in January mounted …
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