It is our hope that this relieves some of the political pressure. |
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. |
The CEOs believe the free-traders are going to prevail. |
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. |
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. |