Nancy McLernon Quotes (3 Quotes)

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.

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 PO, 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.

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.