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| Permalink View Article Stats Dubai Company to Transfer U.S. Ports to American Company Quicklink submitted by Robert D. Daily (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| DP World, the United Arab Emirates state-owned company that had agreed to buy several port terminals in the United States, said today that it will transfer those properties to an American-owned company, bowing to a political groundswell against the acquisition. The decision came just hours after a delegation of Republican leaders in Congress told President Bush in an Oval Office meeting that Congress would act within days to block the company's acquisition of the United States port terminals in the name of national security, lawmakers present said. |
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