Gov.-elect Scott says he'll finance business sale

MONTPELIER - Republican Gov.-elect Phil Scott says he expects to sell his share of his business, a construction company that has won millions of dollars in state contracts, before he takes office in January.

But Scott said he expects to act like a bank in financing the deal, which would give him a continuing interest in the company.

Scott, a part-time lieutenant governor who won election to the top job in November, is co-owner of Dubois Construction, a Middlesex-based heavy construction firm.

The Rutland Herald and Barre-Montpelier Times Argus reported in July 2015 that the company had won $3.785 million in state contracts since 2001, when Scott became a state senator from Washington County. Most of that, $2.657 million, was after he became lieutenant governor in 2011.

Read more: www.burlingtonfreepress.com/story/news/politics/2016/12/13/governor-elect-phil-scott-says-he-will-finance-business-sale/95356472/