{"id":29571,"date":"2012-12-20T09:11:48","date_gmt":"2012-12-20T14:11:48","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=29571"},"modified":"2012-12-20T09:12:54","modified_gmt":"2012-12-20T14:12:54","slug":"btc-to-keep-majority-share-takeover-talks-over","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/12\/btc-to-keep-majority-share-takeover-talks-over","title":{"rendered":"BTC Keeps Majority Share &#8211; Takeover Talks Over"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-16690 alignleft\" title=\"geoff-houston-btc\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/geoff-houston-btc.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/geoff-houston-btc.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/geoff-houston-btc-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/p>\n<p>Despite the government\u2019s unwavering pledge to recapture a majority stake in BTC, Prime Minister Perry Christie confirmed that executives have no intention to let go of the lion\u2019s share in the company.<\/p>\n<p>A successful turnover of BTC\u2019s shares was a major promise of the PLP in the lead up to the 2012 general election. They remained fixed on the initiative despite growing criticism that the move would not bode well for the country\u2019s fiscal situation or reputation among foreign investors.<\/p>\n<p>He said the discussions with government appointed representatives and the company had up to this point failed to reach a definite conclusion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is believed that Moody&#8217;s compelled the government to give up its goal to recapture a majority stake in BTC, largely because the government could not afford the $100 million penalty clause.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[36,146,43],"class_list":["post-29571","post","type-post","status-publish","format-standard","hentry","category-business","tag-btc","tag-cable-wireless","tag-telecommunications"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=29571"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=29571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=29571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=29571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}