U.S. Steel, Donald Trump and Golden Share
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President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of the investment being made by Nippon Steel
U.S President Donald Trump formally approved Nippon Steel's fraught $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies, beset by union opposition and two national security reviews.
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion investment commitment.
President Donald Trump issued an executive order on Friday approving U.S. Steel's merger with Japan's Nippon Steel, after the companies signed a national security agreement with the U.S. government.