Ancora Releases Presentation on U.S. Steel
08 Aprile 2025 - 2:00PM
Business Wire
Presentation Includes Extensive Detail on
the Ancora Slate’s Win-Win Strategy for Stockholders
Visit
www.MakeUSSteelGreatAgain.com to Download the
Presentation
Ancora Holdings Group, LLC (collectively with its affiliates,
“Ancora” or “we”), a stockholder of United States Steel Corporation
(NYSE: X) (“U.S. Steel” or the “Company”), today issued a
presentation highlighting why Ancora’s nominees – including CEO
candidate Alan Kestenbaum – represent stockholders’ best
opportunity to prepare U.S. Steel for a potential standalone future
at the 2025 Annual Meeting of Stockholders (the “Annual Meeting”)
scheduled for May 6, 2025.
As a reminder, Ancora and its director candidates have no
intention of standing in the way of the $55 per share transaction.
Ancora has also called for a delay of U.S. Steel’s
Annual Meeting until after June 18, 2025, to allow for stockholders
to learn the outcome of the new 45-day review of the Company’s
proposed merger with Nippon Steel Corporation by the Committee on
Foreign Investment in the United States. There is no legitimate
reason for U.S. Steel to rush to hold its Annual Meeting before the
governmental review concludes.
For information on how to vote for Ancora’s full slate on the
GOLD universal proxy card, visit
www.MakeUSSteelGreatAgain.com.
About Ancora
Founded in 2003, Ancora Holdings Group, LLC offers integrated
investment advisory, wealth management, retirement plan services
and insurance solutions to individuals and institutions across the
United States. The firm is a long-term supporter of union labor and
has a history of working with union groups and public pension plans
to deliver long-term value. Ancora’s comprehensive service offering
is complemented by a dedicated team that has the breadth of
expertise and operational structure of a global institution, with
the responsiveness and flexibility of a boutique firm. Ancora
Alternatives is the alternative asset management division of Ancora
Holdings Group, investing across three primary strategies:
activism, multi-strategy and commodities. For more information
about Ancora Alternatives, please visit www.ancoraalts.com.
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Longacre Square Partners LLC Greg Marose / Ashley Areopagita,
646-386-0091 gmarose@longacresquare.com /
aareopagita@longacresquare.com Saratoga Proxy Consulting LLC John
Ferguson / Joseph Mills, 212-257-1311 info@saratogaproxy.com
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