© 2024
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
An update has been released for the Android version of the WAMC App that addresses performance issues. Please check the Google Play Store to download and update to the latest version.

Vermont's Scott Says He'll Finance Sale Of His Business

Governor Phil Scott
Governor's office
Vermont Governor-elect Phil Scott

Vermont's governor-elect says he expects to sell his share of his business — a construction company that has won state contracts in the past — before he takes office in January.
Republican Phil Scott says he'll act like a bank in financing the purchase, which would give him a continuing interest in the company.

Scott got questions during the campaign focusing on what he would do to guard against any perception of favoritism toward his company, Dubois Construction.

He promised to sell his shares in the company, and says the sale of his shares back to the company will be completed by the end of December. Scott said Monday he will act as the purchaser's bank and wants to make sure the business moves forward.

Copyright 2016 The Associated Press. All rights reserved.

Related Content