BAE-EADS Merger Would Test Toughened CFIUS Laws

Law360, New York (September 14, 2012, 9:33 PM EDT) -- In addition to gaining European antitrust approval, any merger between the continent's two aerospace giants, BAE Systems PLC and European Aeronautic Defence & Space Co., would have to pass muster in the U.S., where experts say Clinton-era support for foreign defense partnerships has waned and regulatory review has sharpened in the wake of the 2006 controversy over U.S. port security.

The two companies have very different profiles in the halls of the Pentagon: London-based BAE is widely viewed as a trusted partner, while EADS is firmly...
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