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New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called ...
President Donald Trump approved the merger of U.S. Steel with Japan’s Nippon Steel only after the companies accepted the ...
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants ...
He would effectively nationalize U.S. Steel and make America a little less great.
Administration officials secured a deal that will give the president unusual influence over a private company, and could ...
"A golden share approach is both risky and unprecedented," said Jim Secreto, a former Treasury and Commerce official.
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.
WASHINGTON, June 16 (Reuters) - An unusual move by the Trump administration to give itself a golden share in U.S. Steel (X.N), opens new tab as part of a deal to approve Nippon Steel's (5401.T ...
President Trump will control the "golden share" that's part of the national security agreement under which he allowed Nippon Steel to buy out U.S. Steel, according to SEC disclosures.