This is probably not of importance to this thread, but I don't want to start another one.
I was thinking that the sale of those shares by a major shareholder is because they don't think the gov't will allow this deal to materialize.
After all, from a political point of view, I don't see letting China ( Chinese companies are beholding to their government ) take over our most precious companies ( and necessary ones) is a good idea.
Multinational companies are getting too powerful. Governments are having a difficult time governing as a result.
Quote
"....As in the seventeenth century, when European joint-stock companies built private empires, the future of sovereignty is at stake...." unquote from a recent article I read.
Personally I don't mind China buying our goods. I DON'T like to seem frightened or biased, but it is not a good idea to have a significant portion of our health care system governed by a foreign power (well that is the way I see it ....at least not a foreign power that is rather inflexible and , as we have seen in the South China Sea, posturing rather dangerously ...well....more than posturing )
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