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Last week's bid by Beijing-controlled CNOOC Ltd. company for Unocal Corp. is likely to bring unprecedented public attention to the little-known Committee on Foreign Investments in the United States, a multi-agency panel that scrutinizes the national-security implications of U.S.-foreign mergers. But just as CFIUS faces what would likely be its most controversial case to date, many are asking whether the whole CFIUS review process needs an overhaul.
July 01, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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