TITLE

Huawei Role Stalls Bain's 3Com Acquisition

PUB. DATE
February 2008
SOURCE
Red Herring;2/20/2008, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Bain Capital Partners to withdraw from its planned $2.2 billion acquisition of network-equipment maker 3Com. The company decided to withdrew its application for approval by the Committee on Foreign Investment in the U.S. (CFIUS). Such move marks as a huge obstacle to the deal's closing. If it went through, the deal would also benefit China's Huawei Technologies.
ACCESSION #
36876212

 

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