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President Donald Trump approved the merger of U.S. Steel with Japan's Nippon Steel only after the companies accepted the "golden share" arrangement.
The UK and the US have used special shares to inject the state into the governance of recent takeovers. More could follow.
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Why Trump’s ‘Golden Share’ in US Steel May Lack Some Luster - MSNThe US government could receive a so-called golden share — or powers akin to it — in United States Steel Corp. as a condition for approving a $14 billion takeover by Japan’s Nippon Steel Corp.
The leader of the Republican Party, which has governed on and off since the 1980s, promising to get the government off the backs of the American people, has decided that the steel industry of the ...
U.S. Steel’s so-called “partnership” with Nippon appears to be nearing its end after about 18 months after it was announced.
Ultimately, the golden share of US Steel sets a new precedent in US markets and could open the floodgates for more of these kinds of deals to take place in strategically important industries.
HARRISBURG, Pa. — 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 ...
WASHINGTON (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 ...
The Checkered History of the Enforceability of the "Golden Share" in Delaware The first Delaware case to address the enforceability of the "golden share" was In re Intervention Energy Holdings ...
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.
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