It's important to remember Brightline is 100% owned by the sovereign wealth fund of Audi Dubai. Audi Dubai is anti American dictatorship that jails opponents. They do not deserve US tax payer funding.
In May Mubadala Investments, which is owned by the Abu Dhabi government, announced that it would participate in a management-led buyout of Fortress Group. Mubadala would have 70% stake and management 30% but the managers would elect a majority of the directors. The deal is expected to close in 1Q 2024, pending regulatory approval. https://www.mubadala.com/en/news/fortress-management-and-mubadala-to-acquire-fortress-investment-group
Yes, I've seen the reporting. A sovereign wealth fund from an autocratic anti-American government will now own Brightline. I do not believe they should be granted American taxpayers funds.
It's important to remember Brightline is 100% owned by the sovereign wealth fund of Audi Dubai. Audi Dubai is anti American dictatorship that jails opponents. They do not deserve US tax payer funding.
In May Mubadala Investments, which is owned by the Abu Dhabi government, announced that it would participate in a management-led buyout of Fortress Group. Mubadala would have 70% stake and management 30% but the managers would elect a majority of the directors. The deal is expected to close in 1Q 2024, pending regulatory approval. https://www.mubadala.com/en/news/fortress-management-and-mubadala-to-acquire-fortress-investment-group
Yes, I've seen the reporting. A sovereign wealth fund from an autocratic anti-American government will now own Brightline. I do not believe they should be granted American taxpayers funds.
https://www.bizjournals.com/tampabay/news/2023/05/25/brightline-parent-company-changes-hands.html