U.S. Steel Stock Surges on Approved Nippon Steel Merger
United States Steel Corp (NYSE:X) stock is up 5.1% to trade at 14.9 billion merger with Japan’s Nippon Steel through an executive order on Friday. The deal includes a national security agreement that will grant the U.S. government a "golden share," with Trump noting Americans will still own 51% of the company. Trump added the U.S. president will have "total control," but did not provide additional details around the deal's structure.X is up 61. ...