Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mewzilla
DPW may create a subsidiary that is wholly US-owned. Same people, different legal and tax structure.

Then why not do that in the first place? I'm just wondering if that would be enough to get around the problems that make the deal less than attractive for American companies.

I'm speculating all around, you understand, but creation of a subsidiary dilutes control and complicates business and tax matters.

The only way ANY company, American or not, will buy into this is if they can turn a profit for their shareholders. Nonbdy can be forced to buy the interest or operate the terminal.

At any rate, my general point is that it's simpleminded to look at the sale as an "all or nothing" or "all has to go to the same place" arrangement.

Is Schumer going to kick Emirates Air Freight out of JFK?

154 posted on 03/09/2006 11:15:30 AM PST by Cboldt
[ Post Reply | Private Reply | To 142 | View Replies ]


To: Cboldt
The only way ANY company, American or not, will buy into this is if they can turn a profit for their shareholders.

Maybe, maybe not. While I don't doubt the profitability of DPW, please keep in mind that this is a State-Owned Entity...and such entities don't often have as much concern over the profit issue as you're asserting. Indeed, they may have entirely different, national priorities held foremost.

166 posted on 03/09/2006 11:18:46 AM PST by Paul Ross (Hitting bullets with bullets successfully for 35 years!)
[ Post Reply | Private Reply | To 154 | View Replies ]

To: Cboldt
Is Schumer going to kick Emirates Air Freight out of JFK?

Logic will get you nowhere in this mindless witchhunt.

193 posted on 03/09/2006 11:25:02 AM PST by You Dirty Rats (I Love Free Republic!)
[ Post Reply | Private Reply | To 154 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson