WASHINGTON DC, Jun 13 (News On Japan) –
Former President Trump said on June twelfth that the US holds a “golden share” in US Metal, in reference to Nippon Metal’s deliberate acquisition of the corporate.
“We now have the golden share in US Metal. As president, I management it,” Trump stated.
A “golden share” refers to a particular class of inventory that grants its holder stronger veto energy over key administration selections. Trump prompt that the US authorities possesses any such share in US Metal.
Whereas Nippon Metal is looking for full possession of US Metal as an entirely owned subsidiary, Trump additionally declared that “America holds 51 % possession,” drawing consideration to what choice he might finally make concerning the deal.
Supply: FNN
