News
In June, the White House announced it had acquired a “golden share” in Pittsburgh-based United States Steel Corp. as part of ...
Hosted on MSN1mon
With his ‘golden share’ in U.S. Steel, Trump turns to a ... - MSN
In 2003, the UK was ordered to give up its golden share in the British Airports Authority. Spain relinquished its governance rights over an array of businesses in telecoms, banking, and tobacco.
But questions had swirled about the golden share President Donald Trump had suggested gave the American people a 51% stake in the struggling U.S. firm as part of the acquisition.
If the US gets a 'golden share' of Nippon Steel's takeover of US Steel, it would be the latest example of how Washington, D.C. increasingly has a say in the operations of major companies.
“The Golden Share held by the United States in U.S. Steel has powerful terms that directly benefit and protect America, Pennsylvania, the great steelworkers of U.S. Steel, and U.S. manufacturers ...
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 ...
The first Delaware case to address the enforceability of the "golden share" was In re Intervention Energy Holdings, LLC, 553 B.R. 258 (Bankr. D. Del. 2016).
The "golden share" will then be held by the Treasury and Commerce Departments after Trump's term is over, according to a SEC filing. Trump will have veto power over some production and wage decisions.
The term “golden share” first appeared in the 1980s, when the Thatcher administration began a campaign to privatize many of its state-owned enterprises.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results