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To: RegulatorCountry

No, the $64,0000 question is: If you get your wish and the deal falls through, what then?


1,426 posted on 02/21/2006 4:32:45 PM PST by Doohickey (If you choose not to decide, you still have made a choice...I will choose freewill.)
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To: Doohickey

"If you get your wish and the deal falls through, what then?"

Well, the "deal" is a buyout of P & O by DPWorld, which has not gotten final approval from either the British courts or every party in the United States that would be impacted by the acquisition.

So, if the deal falls through, then there is no problem. P & O will remain an independent business entity, and will continue to honor their contractual obligations to various ports on the eastern seaboard and gulf coast of the United States.

What did you have in mind, some sort of Chinese deal? That won't fly either; witness the firestorm over Chinese attempts to purchase Unocal last year, and their attempts at securing a long-term lease on the Port of Long Beach back during the Clinton Administration.


1,450 posted on 02/21/2006 4:38:36 PM PST by RegulatorCountry
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