DoD scrutinizes foreign buys of U.S. firms

09/3/2013 | Reuters

The Pentagon is taking longer to review proposed acquisitions of U.S. companies by foreign buyers than it has in the past, but the scrutiny comes mainly because the deals are far more complex, says a Defense Department official, not because the Pentagon is trying to quash foreign interest. "You have foreign capital that wants to come in, which we want, which we encourage. The question is how do we allow that foreign capital to come in while protecting national security," said Brett Lambert, Pentagon representative on an interagency committee that reviews foreign acquisitions.

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