The Port of South Louisiana is returning to the negotiating table over its proposed purchase of the Avondale Global Gateway, a sign that its $445M price tag for the former shipyard could slip lower based on new financial studies. In a news release June 8, port officials said Avondale's current owner, T. Parker Host, had agreed to extend a review period until August - a fourth time - so that analysts hired by the port could finish their analysis on whether the deal makes financial sense. (NOLA.com 06/09/23) Port of South Louisiana to renegotiate Avondale deal | Business News | nola.com
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