[Weekly Compilation of Presidential Documents Volume 42, Number 17 (Monday, May 1, 2006)]
[Page 819]
[Online from the Government Publishing Office, www.gpo.gov]
<R04>
Letter to Congressional Leaders on the Proposed Acquisition of Ross
Catherall US Holdings Inc., by Dubai International Capital LLC
April 28, 2006
Dear Mr. Speaker: (Dear Mr. President:)
Attached is a classified report on my decision to take no action to
suspend or prohibit the proposed acquisition of Ross Catherall US
Holdings Inc., by Dubai International Capital LLC, a subsidiary of Dubai
Holding LLC.
I have made this decision under the authority vested in me as
President by section 721 of the Defense Production Act of 1950 (the
``Exon-Florio amendment''), 50 U.S.C. App. 2170, and on the basis of the
recommendation from senior officials who make up the Committee on
Foreign Investment in the United States.
The attached report, prepared by my Administration, is submitted
consistent with subsection (g) of that amendment and is subject to the
provisions of subsection (c) regarding confidentiality of information.
Sincerely,
George W. Bush
Note: Identical letters were sent to J. Dennis Hastert, Speaker of the
House of Representatives, and Richard B. Cheney, President of the
Senate. An original was not available for verification of the content of
this letter.