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Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval ...
He would effectively nationalize U.S. Steel and make America a little less great.
President Trump on Friday cleared way for Nippon Steel purchase of U.S. Steel, including unusual control for the president.
To save its takeover of U.S. Steel, Japan’s Nippon Steel agreed to an unusual arrangement, granting the White House a “golden ...
The national security agreement between President Donald Trump, Nippon Steel Corp., and US Steel to merge the two companies ...
The government’s entry into Nippon’s acquisition of the iconic American steelmaker bodes trouble.
The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action ...
The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
A national security agreement with Nippon Steel and a “golden share” that can give extra say in company decisions appears to have won over Trump.
Ultimately, the golden share of US Steel sets a new precedent in US markets and could open the floodgates for more of these kinds of deals to take place in strategically important industries.
“The Golden Share held by the United States in U.S. Steel has powerful terms that directly benefit and protect America, Pennsylvania, the great steelworkers of U.S. Steel, ...