Special American laws come into effect, if the acquiring company is owned by a foreign government. Dubai Ports World and Dubai International Capital are owned by a foreign government -- the Dubai Government.
In February, the Commerce Committee vetted the appointment of David C. Sanborn of Virginia, a senior DPW executive, to be the new administrator of MarAd. DPW = Dubai Ports World. MarAd = U.S. Department of Transportation, Maritime Administration.
Treasury Secretary John Snow used to be the CEO of CSX. CSX sold its international terminal business to Dubai Ports World. John Snow's right-hand man at CSX was David Sanborn. David Sanborn went to work as a senior executive at Dubai Ports World.