Statute
Exon-Florio amendment
11 published works
Government and Public Policy
National Security Review of Foreign Investments to Escalate
By Albert E. Dotson, Jr., Andrej Micovic
With its roots in the Exon-Florio Amendment to the Defense Production Act, the Committee on Foreign Investment in the United States (CFIUS), is an inter-agency committee that reviews certain foreign investments…
SmarTrade
President Trump Signs Reform Legislation Expanding CFIUS’s Authority to Review Foreign Investment in U.S. Companies
By Thompson Hine International Trade
President Trump has signed into law the Foreign Investment Risk Review Modernization Act (FIRRMA) as part of the National Defense Authorization Act for Fiscal Year 2019 (Title XVII of the…
Antitrust, Competition and Trade
CFIUS Annual Report Shows Increased Focus on Chinese Investment
By John J. Burke, Elliot J. Feldman
The Committee on Foreign Investment in the United States (“CFIUS”), the inter-agency group that conducts national security reviews of foreign acquisitions of U.S. businesses, recently issued its Annual Report to…
M & A Law Prof Blog
3Com — The Proxy Statement
3Com filed its preliminary proxy statement yesterday. After having read through it I still can't determine whether the deal is conditioned on clearance by CFIUS under the Exon-Florio amendment (for…
M & A Law Prof Blog
Nasdaq, Borse Dubai and Exon Florio
Last week, Nasdaq announced a series of transactions which included a 19.99% equity investment by Borse Dubai, with voting rights on this stake limited to 5%. In addition, a Borse…
M & A Law Prof Blog
The Gates of Taiwan
On Monday, Taiwanese based Acer Inc. announced that it had agreed to acquire Gateway, Inc. Under the agreement, Acer will commence a cash tender offer to purchase all the outstanding…
M & A Law Prof Blog
Doosan to Purchase Bobcat from Ingersoll Rand for $4.9 billion
Ingersoll-Rand Company Limited today announced that it has agreed to sell its Bobcat, Utility Equipment and Attachments business units to South Korean Doosan Infracore for approximately $4.9 billion. The Ingersoll-Rand…
M & A Law Prof Blog
Verizon/Vodafone and the CFIUS Card
The Financial Times yesterday had an interesting article reporting that "sources" assert that a rumored Vodafone takeover of Verizon would likely entail very close scrutiny by CFIUS. CFIUS stands for…
M & A Law Prof Blog
Senate Passes Bill to Increase Scrutiny of Foreign Acquisitions
On Friday, the Senate passed the National Security Foreign Investment Reform and Strengthened Transparency Act of 2007 on a voice vote. The proposed legislation would further amend the Exon-Florio Amendment…
M & A Law Prof Blog
GE, the Saudis and Exon-Florio
GE today announced that it had agreed to sell GE Plastics to Saudi Basic Industries Corporation, the Saudi petrochemicals manufacturer, for $11.6 billion in cash plus assumption of debt. The…