The number of twists and turns was enough to put any investor into a knot, but U.S. Steel and Nippon Steel look set to merge. That win for U.S. Steel shareholders means investors can finally sell the stock.

U.S. Sen. David McCormick said Tuesday that an arrangement that will allow Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of board members from the United States and U.

Nippon Steel declined to comment. US Steel and the White House could not be immediately reached for comment. Nikkei reported earlier in the day that a golden share was under consideration. US Steel shares were trading at $53, up 2%, their highest point since the deal was announced, as investors bet it would close soon.

U.S. Steel will officially remain a Pittsburgh icon after President Trump said he approves of its $14.9 billion merger with a Japanese competitor.

President Donald Trump says U.S. Steel will keep its headquarters in Pittsburgh as part of what he called a “partnership” between the American steelmaker and Japan-based Nippon Steel, which sought to buy it.

Trump said the “planned partnership” will create at least 70,000 jobs and add $14 billion to the U.S. economy,

Is President Trump nationalizing United States Steel? The question arises after the president advised that the “partnership” between the industrial icon and a Japanese steelmaker would leave the firm “controlled by the United States,

The U.S. Steel saga is entering its ludicrous era, more than 17 months after the Pittsburgh-based company agreed to be acquired by Japan's Nippon Steel for around $15 billion. Why it matters: None of this is working the way it's supposed to,