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To: KarlInOhio
Last week, it emerged that both Dubai Ports World and Peninsular and Oriental Steam Navigation Co., the seller, specified that an agreement by the U.S. government not to make a formal investigation as a condition for the deal. This is exceedingly odd.

I'll have to review all of the facts related to this point before commenting on it. Not only is this odd, but it's probably illegal. I was under the impression that the U.S. law governing this kind of acquisition requires a formal investigation whenever a company owned by a foreign government is involved.

7 posted on 02/22/2006 9:18:19 AM PST by Alberta's Child (Leave a message with the rain . . . you can find me where the wind blows.)
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To: Alberta's Child

"I'll have to review all of the facts related to this point before commenting on it."

You just about have to. There is SO much BS flying around about this the best thing to do is dig in and find the real facts.


9 posted on 02/22/2006 9:24:33 AM PST by L98Fiero
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To: Alberta's Child; L98Fiero; Prince Charles; jimbo123; clawrence3; K-oneTexas

See my post #14, showing what they were probably talking about with this "nefarious secret agreement".

I don't know if the law mandates a "45-day" review. There are obviously limits to the amount of time they are allowed to spend on a review, and the amount of time the administration then gets to make a formal decision after the review is completed. I don't know if that adds up to 45 days.


16 posted on 02/22/2006 9:50:06 AM PST by CharlesWayneCT
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