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To: mewzilla
Well, all I know is that no US firm wanted to touch it back when the bids were let.

There was no "bid letting." Public companies are always availble for takeover. P&O was a publicly traded company.

Unless something's changed to make the idea more palatable, I can't see a US firm doing now, not for long anyway.

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

131 posted on 03/09/2006 11:06:24 AM PST by Cboldt
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To: Cboldt
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.

142 posted on 03/09/2006 11:10:30 AM PST by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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