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Article: Bids to operate virginia port offer contrast.(Local)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- August 11, 2009
CopyrightCOPYRIGHT 2009 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Robert McCabe
The Virginian-Pilot
NORFOLK
Details from the two most recent bids to operate the facilities of the Virginia Port Authority were released to the public Monday evening, posted on the authority's Web site.
A 140-plus-page proposal from a partnership of Carrix Inc. and Goldman Sachs Group Inc. would form either an "operational partnership" with the Port Authority, a "financial re-engineering of the balance sheet utilizing Goldman's extensive knowledge and experience in the capital markets," or both, according to a cover letter from Bob Watters, Carrix's vice president/director of business development.
The ...