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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 ...
President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants ...
The UK and the US have used special shares to inject the state into the governance of recent takeovers. More could follow.
To save its takeover of U.S. Steel, Japan’s Nippon Steel agreed to an unusual arrangement, granting the White House a “golden share” that gives the government an extraordinary amount of ...
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Golden share in U.S. Steel could scare off foreign investors in US deals, lawyers sayWASHINGTON (Reuters) -An unusual move by the Trump administration to give itself a golden share in U.S. Steel as part of a deal to approve Nippon Steel's takeover of the well-known U.S. company could ...
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
A golden share is a type of share that gives its shareholder veto power over changes to the company's charter. It holds special voting rights, giving its holder the ability to block another ...
A “golden share” would give the American public a seat at the table where banks make decisions on how to manage — or perhaps not manage — the risks we ultimately may have to bear.
Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents The national security agreement became effective June 13 and is between Nippon Steel, as ...
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