Skip to main content

View Diary: Baker Key to Dubai Ports Mess (179 comments)

Comment Preferences

  •  Wrong facts? I think not. (none)
    "February 27, 2003
    CSX and The Carlyle Group Complete Conveyance of CSX Lines

    Jacksonville, FL, and Washington, DC - CSX Corporation (NYSE: CSX) and The Carlyle Group, a global private equity firm, announced today that they have completed the conveyance of CSX Lines, LLC, from CSX to a venture formed with The Carlyle Group.  CSX received $300 million, consisting of $240 million in cash and $60 million of securities issued by the venture....As part of the transaction announced December 17, 2002, former CSX Lines President and CEO Charles G. (Chuck) Raymond and his management team will lead the Charlotte, N.C.-based ocean carrier, now named Horizon Lines, LLC. Raymond will also chair the board of directors of the company....Carlyle Managing Director Greg Ledford said, "CSX Lines, which will be renamed Horizon Lines, is an excellent addition to Carlyle's transportation portfolio."

    No no no! My name has nothing to do with Star Wars.

    by Anacher Forester on Thu Feb 23, 2006 at 05:42:11 PM PST

    [ Parent ]

    •  err, hang on (none)
      been working on this for so long me brain is scrambled.

      No no no! My name has nothing to do with Star Wars.

      by Anacher Forester on Thu Feb 23, 2006 at 05:49:41 PM PST

      [ Parent ]

      •  so admit it, you are wrong (4.00)
        CSX Lines is not the same as CSX World Terminals. There's no connection between Carlyle and Dubai Ports International in the sales of those CSX subsidiaries. You need a significant rewrite of this diary.
      •  Anacher, if there's an error, (none)
        why don't you correct it yourself? It would be so much better than having someone else do it.

        It was a great first diary. I used to be a copy editor and did research before that. This kind of thing does happen. Sometimes I call it a "brain cramp." Unfortunately, on blogs we don't have someone reading behind us to catch things like that. I know it feels like a hard kick in the gut. That'll pass, sooner if you get it over with yourself.

        All the best to you!

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site