Gov't Ups Scrutiny For Foreign Purchase Of US Firms

Law360, New York (December 9, 2011, 5:10 PM EST) -- Foreign companies attempting to buy U.S. companies are facing increased scrutiny from a federal panel charged with investigating security risks of potential mergers and acquisitions, according to a new annual report delivered Thursday to Congress.

The Committee on Foreign Investment in the United States reported that it investigated 35, or 38 percent, of 93 international business transactions that were submitted for review. That rate of investigation increased from 2008, when about 15 percent  of 133 transactions were investigated. The total value of M&A transactions with publicly...
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