golden share nippon steel

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U.S. Steel, Trump and golden share

With his ‘golden share’ in U.S. Steel, Trump turns to a mechanism more common elsewhere in the world

Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval for its takeover of U.S. Steel.

CBS News on MSN · 3d

U.S. Steel-Nippon deal includes "golden share" giving Trump power to approve big corporate changes

President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.

Reuters on MSN · 23h

Nippon Steel CEO sees no risk to management plans from US golden share

The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action that it deems appropriate, the Japanese steelmaker's CEO said on Thursday.

Biden’s power grab hands Trump a steel company

Joe Biden expanded the president's power to block foreign mergers with U.S. companies. Donald Trump used that opening to give himself unprecedented control.

The Washington Post2d

Nippon Steel completes takeover of U.S. Steel in $14.2 billion deal

Nippon Steel said Wednesday that the “golden share” agreement will allow the U.S. government to appoint one independent director to the company’s board, and require presidential approval for ...

1don MSN

Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal ...

1don MSN

Despite U.S. Steel-Nippon Steel deal being finalized, some concerns remain

The "golden share" gives the U.S. government a level of control, but not a financial stake, in the Pittsburgh-based company.

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