Trump touts 'blockbuster agreement' between US Steel, Nippon
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Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.
President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.
Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.
Japanese-owned Nippon Steel has spent more than $6.1 million on federal lobbying efforts in its quest to take over US Steel, hiring a fleet of well-connected politicos, some of whom have intimate ties to President Donald Trump,