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

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

Dec 12, 2016

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.

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