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To: RegulatorCountry
They've made an offer to purchase, which has been approved by shareholders, but not approved by the courts.

It will be approved by a British court on March 2nd(P&O's home base).

On March 2nd DPWorld may not have the contracts in the US, but will legally have the US assets and infrastructure.

139 posted on 02/20/2006 5:12:55 PM PST by Dane ( anyone who believes hillary would do something to stop illegal immigration is believing gibberish)
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To: Dane

No they won't, the US makes laws here not the Brits.


141 posted on 02/20/2006 5:15:03 PM PST by TXBSAFH (Proud Dad of Twins, What Does Not Kill You Makes You Stronger!!!!!!)
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To: Dane

"It will be approved by a British court on March 2nd"

You state that with such absolute certainty. Unfounded certainty, IMHO. A lot can happen between now and March 2. The offer can be withdrawn. P & O shareholder approval was prior to the political firestorm over here, where six of their major contracts lie; the board may become chary of selling, and rightfully so. And, there are governmental routes to quash the process as well.


145 posted on 02/20/2006 5:17:05 PM PST by RegulatorCountry
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