For Immediate Release
Office of the Press Secretary
November 16, 2006
Text of a Letter from the President to the Speaker of the House of Representatives and the President of the Senate
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
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