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Subject: Huawei/Bain Drop 3Com Deal
Softwar    3/21/2008 9:08:48 AM
http://news.yahoo.com/s/afp/20080320/bs_afp/uschinaitcompanytakeover3comhuaweibain_080320181129 Bain Capital (founded by Mitt Romney) dropped its bid to buyout 3Com after it learned the Committee on Foreign Investments in the US (CIFUS) intended to block the deal for national security reasons. This formally ends the bid by Huawei and its US backers to purchase 3Com. Huawei is run by a former PLAAF General and was linked to several operations to equip Iraq and the Taliban with military command networks and air defense systems.
 
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