Wednesday, May 21, 2008

sell the whole d%^&U* country

May 20, 2008--In what could be the largest privatization in the US infrastructure, a group led by Abertis Ifraestructuras SA and Citigroup Inc won bidding for the 75 year lease of the Pennsylvania Turrnpike... Abertis, which has a market value of about $20 billion, operates toll roads in France and Spain as well as such infrastructure assets as airports, telecommunications systems and parking lots. The Barcelona-based company outbid two other companies... Disclosed terms ... are similar to the privatization of Chicago’s Skyway and the Indiana Toll Road. WSJ A19

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