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News

U.S. Steel, Trump and golden share

Fortune on MSN · 1d
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 · 1d
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.
WTAE-TV4d
Trump administration offers some details of how it would control US Steel, but union raises concerns
“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, and U.S. manufacturers ...
the deep dive
4d
Trump Admin OKs US Steel Buyout With “Golden Share” For White House’s Perpetual Veto
In another challenge to the line between government and private interests, the Trump administration has cleared Nippon ...

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