Bending the Third Rail
Because We Should, We Can, We Do
Wednesday, March 15, 2006
The latest on the Dubai ports deal is that the company is looking for a "suitable" American company to buy it's U.S. port assets. An expedited process will take a minimum of 6 months. But I noticed this tidbit at the end of the newstory on the deal:
Questions about the divestiture intensified during the weekend, when Senate Majority Leader Bill Frist said DP World could be permitted to operate and manage some U.S. ports if no suitable American buyer were found and if the Bush administration determined there were no security risks.
Remember. It's not over until it's over.