Puerto Rico Looking to Sell Itself

Puerto Rico is reportedly looking to sell itself off in parts.

Puerto Rico is reportedly looking to sell itself off in parts.

The Wall Street Journal reports the trouble U.S. territory is preparing to seek bids from private companies willing to operate seaports, airports, student housing, traffic fine collections and parking spaces.

The goal is to attract more than $500 million in investment, starting this summer.

Puerto Rico filed for bankruptcy last month.

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