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 MSN2mon
Why Trump’s ‘Golden Share’ in US Steel May Lack Some Luster - MSN
The 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.
August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election.
The "golden share" of US Steel lacks a lot of official details so far, but we do know a few things from the press conference President Trump gave after the announcement, follow-up comments from ...
“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 ...
The term “golden share” first appeared in the 1980s, when the Thatcher administration began a campaign to privatize many of its state-owned enterprises.
“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 ...
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).
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.
The golden share includes the final say over reductions in the $ 11 billion in promised investments by 2028, changes in U.S. Steel's name and headquarters location, and the transfer of production ...
The golden share device, if properly used, would ensure that their internal governance is accordingly public-minded. It will not happen unless we, the American public that backs banks’ debts ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results