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Bain Capital Partners on Wednesday said it will submit for a national security review its proposed $2.2 billion buyout of networking equipment maker 3Com. Government scrutiny was anticipated ever since the acquisition was announced Sept. 28 because of a minority stake in the deal held by Chinese telecommunications company Huawei Technologies, which has close ties to [...]
Newsvine - business - Wire
Bain Capital Partners on Wednesday said it will submit for a national security review its proposed $2.2 billion buyout of networking equipment maker 3Com Corp.
Business -- mercurynews.com
BOSTON - Network equipment maker 3Com is giving up its independence in a $2.2 billion buyout by Bain Capital Partners, but it's gaining freedom from the whims of the market and a chance to expand in China.