U.S. Steel, Trump and golden share
Digest more
Administration officials over the past few days provided additional insight into the “golden share” arrangement that the federal government made as a condition for supporting the deal. The Pittsburgh-based steel maker and Nippon Steel plan $11 billion ...
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.