Trump Clears Path for Nippon Steel Investment in US Steel, so Long as It Fits the Government’s Terms

James Brower spoke with the Associated Press about the national security agreements involved in Nippon Steel's investment in U.S. Steel. James noted that such agreements are typically not disclosed to the public by the government, stating, "They can become public, but it’s almost always disclosed by a party in the transaction, such as a company — like U.S. Steel — that is publicly held." He explained that the mechanics of a golden share would depend on the national security agreement, and it is not unusual for the government to have approval rights over specific activities in such agreements.

Read the full article.