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Timeline of controversial ports deal
RELATED(CNN) -- The following timeline maps out the series of events leading up to the purchase of the British firm P&O to the United Arab Emirates-based DP World: September 21, 2005 -- The United Arab Emirates sends $100 million in aid to the United States to help the victims of Hurricane Katrina, four weeks before the ports deal. October 2005 - London-based P&O is approached with a buyout offer, does not disclose suitor November 29, 2005 - P&O announces agreement to be bought by DP World International for $5.7 billion January 2006 - PSA (Port of Singapore Authority) International offers contesting bid for P&O January 26, 2006 - DP World outbids Port of Singapore for P&O February 10, 2006 - Port of Singapore drops out of bidding for P&O February 10, 2006 - DP World wins P&O with bid of $6.8 billion February 15, 2006 - Bipartisan group of lawmakers from House and Senate call on administration to open broader review of Dubai Ports deal February 17, 2006 - Sens. Hillary Clinton, D-New York, and Robert Menendez, D-New Jersey, announce plan to introduce legislation blocking sale February 18, 2006 - Rep. Frank LoBiondo, R-New Jersey, promises legislation to require U.S. citizenship of port security officials February 19, 2006 - Homeland Security Secretary Michael Chertoff defends the deal February 21, 2006 - Senate Majority Leader Bill Frist, R-Tennessee, and House Speaker Dennis Hastert, R-Illinois, among lawmakers calling for the administration to stop the deal; Frist promises legislation February 21, 2006 - President Bush vows veto of any legislation blocking deal March 2, 2006 - Britain's High Court tentatively approves DP World's takeover of Britain's P&O, giving the company the rights to run operations at six key U.S. ports March 6, 2006 - London High Court refuses appeal by U.S. ports operator Eller & Co. over the DP World takeover of P&O March 6, 2006 - Congressman Peter King, R-New York, sends new compromise proposal to the White House. It suggests DP World sub-contract operations of the ports to U.S. companies March 8, 2006 - House Appropriations Committee votes 62-2 to block ports deal March 9, 2006 - Speaker of the House Dennis Hastert and Senate Majority Leader Bill Frist tell President Bush the ports deal appears dead on Capitol Hill March 9, 2006 - Dubai Ports World agrees to turn over all of its operations at U.S. ports to a U.S. entity, says Sen. John Warner, R-Virginia, reading a statement from DP World
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