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Key lawmakers want to expand regulatory scrutiny of foreign-U.S. acquisitions to include domestic economic repercussions, in addition to the national-security review already mandated, a change that could make it more difficult to close such deals. Some in Congress who want broader authority for the Committee on Foreign Investment in the U.S. have become more vocal since CFIUS' approval last week of state-controlled Beijing-based Lenovo Group Ltd.'s acquisition of IBM's PC division for $1.7 billion.
March 16, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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