Five months after announcing a $225 million merger, Columbia, Md.-based Sourcefire and Israel's Check Point Software Technologies have withdrawn their merger filing with the Committee on Foreign Investment in the United States, which scrutinizes proposed deals for security threats. A source close to the deal said the climate surrounding the CFIUS examination of the Check Point-Sourcefire deal was problematic in light of the firestorm that erupted after the DP World deal was approved.
March 27, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
U.S. national security concerns late Thursday foiled dealmaking for the second time in two weeks.
Five months after announcing a $225 million merger, Columbia, Md.-based Sourcefire Inc. and Israel’s Check Point Software Technologies Ltd. said the two have withdrawn their merger filing with the Committee on Foreign Investment in the United States, or CFIUS, which scrutinizes proposed deals for security threats.
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