[Alberta's Child]

As long as a UAE company owns the ports, they're going to have considerable influence over how they are run, and there's the danger.

The UAE company isn't going to own a single U.S. port.

The UAE company isn't even going to own any terminals in a U.S. port.

[BigSkyFreeper]

And the UAE company isn't going to be in charge of security at these ports.

[BigSkyFreeper]

This is just somewhat like Pizza Hut being acquired by PepsiCo. PepsiCo owns Pizza Hut, but Pizza Hut is run by the same management and employees it had when it was it's own entity.

But it more closely resembles the Verizon acquistion of NYNEX. Same phone company, same people, different name.

[LibWhacker]

See? That's exactly what I mean. I don't know precisely what this deal entails, and the misinformation being thrown about makes it very hard to arrive at an informed opinion.

For example, from the article:

In a decision announced last week, the Bush administration's Committee on Foreign Investment approved the purchase of six major U.S. ports by the U.A.E.-based Dubai Ports World.