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And Jane's cited Forbes article showed us that PSA dropped out in early October '05, with Congressional hearings (haven't seen a source yet, but they're generally public record) later that month. So this really is a hyped-up political crisis.

I agree on the misleading statements/questions. It works both ways, and I think the majority are done unintentionally. (Lord knows I've been guilty a few times.)

Maybe I should have posted the passage:

DP World was the original suitor for P&O in November, offering 3.3 billion pounds ($5.8 billion) but it faced a challenge when PSA, a unit of Singapore's government-owned investment company Temasek Holdings Pte, entered the race last month with a 3.5 billion pound ($6.1 billion) offer.

This was cited to show that the takeover was not two years in the making. Sorry for the confusion.

The Senate hearings were to determine if changes to CFIUS were necessary (unrelated to DP World). These were held in October of 2005.

Senate Banking Committee

Sampson Testimony October 20, 2005

Hope this clears up any confusion. (There is entirely to much civility on this thread)