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To: johnmecainrino

OK...now would you or someone else post this thingy congress passed back in 1988.


102 posted on 02/23/2006 10:16:31 AM PST by shield (The fear of the LORD is the beginning of knowledge: but fools despise wisdom and instructions.Pr 1:7)
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To: shield

These two links will get you going:
http://www.osec.doc.gov/ogc/occic/invest.html
and
http://www.treas.gov/offices/international-affairs/exon-florio/


103 posted on 02/23/2006 10:35:54 AM PST by kilowhskey (Land of the free, because of the brave.)
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To: shield
OK...now would you or someone else post this thingy congress passed back in 1988.

The following is from Post 85:

http://www.treasury.gov/offices/international-affairs/exon-florio/

To assist in making this determination, Exon-Florio provides for the President or his designee to receive written notice of an acquisition, merger or takeover of a U.S. corporation by a foreign entity. Once CFIUS has received a complete notification, it begins a thorough review of the notified transaction. In some cases, it is necessary to undertake an extended review or "investigation." An investigation, if necessary, must begin no later than 30 days after receipt of a notice. Any investigation is required to end within 45 days.

Information provided by companies contemplating a transaction subject to Exon-Florio is held confidential and is not made public, except in the case of an administrative or judicial action or proceeding. Nothing in section 721 shall be construed to prevent disclosure to either House of Congress or to any duly authorized committee or subcommittee of the Congress.

This order also provides for CFIUS to submit a report and recommendation to the President at the conclusion of an investigation.

104 posted on 02/23/2006 10:36:16 AM PST by DumpsterDiver
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