US government will have veto power over US Steel decisions as part of takeover deal, senator says

thehill.com/business/5320066-us-government-secures-share-nippon-steel

Sen. Dave McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel's acquisition of U.S. Steel, giving it power over some of the decisionmaking.
“It’s a national security agreement that will be signed with the U.S. government,” McCormick told CNBC’s…

This story appeared on thehill.com, 2025-05-27 17:02:38.
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