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Bain, Chinese Firm Buy 3Com

US will check telecommunication buyout for security risks

By Asta Hostetter,  Newser User

Posted Sep 30, 2007 5:14 PM CDT

(Newser) – Chinese company Huawei Technologies Co. will help private equity firm Bain Capital buy 3Com Corp., a flailing US telecommunications company, by picking up almost 20% of the tab. Recently Chinese businesses have bought strategic stakes in US companies rather than full buyouts to skirt political...   Read full story »

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