Just when U.S. Steel thought the ink had dried on its new future with Japan’s Nippon Steel, the company ran into a political reality check: President Donald Trump’s administration and its new “golden share” authority. The golden share—essentially a veto power over certain corporate moves—was a condition for White House approval of Nippon Steel’s $14.1 billion acquisition of U.S. Steel …
Read More »Trump is already wielding his ‘golden share’ authority at U.S. Steel, overriding the company plans
