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United States Steel Corporation
Xannounced 2025-06-13
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Treasury
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Trump secures 'golden share' in US Steel as Nippon-deal condition
As a condition of approving Nippon Steel's $14.9B acquisition of US Steel, the President personally received a 'golden share' — not an equity position but a veto right over key strategic decisions (plant closures, headquarters moves, foreign sale of assets). Outside the standard equity-investment model.
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