Nancy McLernon
Nancy McLernon
acquired basis company concerns current deal designed good mean outright process remember review security
The current CFIUS process was designed to deal with this on a case-by-case basis because outright prohibitions would not be good for the US. If an American company had acquired P&O, there wouldn't be any security review at all. Let's remember that just because it's a US-owned company doesn't mean there are no security concerns with them at all.
hope political
It is our hope that this relieves some of the political pressure.
benefits bought foreign hope japanese people political question seen since starting
It is our hope that this relieves some of the political pressure. People were starting to question the benefits of foreign investment. We haven't seen this since the Japanese bought Rockefeller Center.
acquires argue capital company cuts foreign job less loyalty ownership particular
We would argue that capital ownership of a company is not significant to the loyalty a company has to a particular geography. When a foreign company acquires a U.S. company, vs. when a U.S. company acquires a U.S. company, there's often less job cuts because of less duplication.