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US Steel buyout gives Trump a new power

Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents

New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out iconic American steelmaker U.

CNBC on MSN · 3d

Trump now wields sweeping veto power over U.S. Steel. Here's how the ‘golden share' works

President Donald Trump approved the merger of U.S. Steel with Japan’s Nippon Steel only after the companies accepted the “golden share” arrangement.

Yahoo · 3d

US Steel buyout gives Trump a new power: What about future presidents?

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.View on euronews

3dOpinion

Trump's Controlling Stake in U.S. Steel Is Indefensible Socialist Nonsense

Any decisions made by U.S. Steel's executives and shareholders will require approval from Trump, his appointees, or his ...

4don MSN

Inside Nippon Steel’s bruising efforts that paved the way to buying U.S. Steel

Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...

Environmental activists explain concerns with U.S. Steel deal

Environmental activists called on the Nippon Steel and U.S. Steel to address the health, climate and economic impacts of the ...

11don MSN

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

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company ...

New York Post2mon

US Steel shares surge 12% after Trump orders fresh review of Nippon Steel's bid - New York Post

President Trump on Monday directed a powerful US national security panel to take a fresh look at Nippon Steel’s bid for US Steel to help determine if “further action” is appropriate, raising ...

CBS News1mon

Trump announces "partnership" between U.S. Steel and Japan-based Nippon Steel

U. S. Steel's board and stockholders approved Nippon Steel's bid last year. It has been opposed by the United Steelworkers union. The union had no immediate comment Friday.

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