Source: By Karen Pierog, Reuters, Thu Apr 23, 2009 4:50pm EDT
The demise of a deal to lease Chicago's Midway Airport to private operators may put the brakes on the privatization of bigger and high-profile government assets as the global recession eats into the availability of financing.
Financing for future deals may become more selective even as increasing numbers of state and local governments turn to leasing their assets to bolster coffers diminished by the sagging economy.
The demise of a deal to lease Chicago's Midway Airport to private operators may put the brakes on the privatization of bigger and high-profile government assets as the global recession eats into the availability of financing.
Financing for future deals may become more selective even as increasing numbers of state and local governments turn to leasing their assets to bolster coffers diminished by the sagging economy.
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