J.P. Morgan teams with Maher on Virginia port bid

Ports

Tuesday, December 18, 2012

A new player has entered the contest to privatize the Port of Virginia. Investment banking giant J.P. Morgan has partnered with Maher Terminals in its bid to operate all the terminals in Hampton Roads , according to the proposal posted on the Virginia Port Authority's Website and first reported by the Virginian-Pilot . The Maher-J.P. Morgan Infrastructure Investment Group team is going up against APM Terminals, which started the privatization process last spring b...

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