Steel, Trump and golden share
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Trump will have "unique influence" over the operations of U.S. Steel under a new arrangement to allow Nippon Steel to complete its multibillion-dollar takeover of the iconic American company, said ABC News. The federal government was given a "golden share ...
President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details about the structure of the deal — including a possible "golden share" held by the federal government — remain unclear.